KUALA LUMPUR (Aug 2): Four Petaling Jaya residents who filed a legal action against the Petaling Jaya Dispersal link (PJD link) wants the Selangor government to give a firm commitment to reject any future highway development in the PJ area. The four, who are part of the “Say No to PJD Link” movement led by…
Read MoreKUALA LUMPUR (Aug 1): Construction and integrated facilities management group Widad Group Bhd has appointed Saloma Mohd Jonid as its new executive director, effective Tuesday (Aug 1). Saloma, 64, has 30 years of experience in capital market and investment banking, specialising in equity and debt capital markets, project financing and credit analysis, according to the…
Read MoreKUALA LUMPUR (Aug 2): Parti Pribumi Bersatu Malaysia has questioned the right of Datuk Seri Amirudin Shari (pictured) to reject the application for the proposed Petaling Jaya Dispersal Link (PJD Link) project, since he is currently only the caretaker Selangor menteri besar. “[Can] the caretaker government or caretaker menteri besar make impactful decisions such as…
Read MoreKUALA LUMPUR (Aug 2): Kerjaya Prospek Group Bhd’s shares slid in the early trade on Wednesday (Aug 2), despite securing earthworks and infrastructure contracts from Eastern & Oriental Express Sdn Bhd and Persada Mentari Sdn Bhd worth RM46 million. At 10.05am, the construction company shares fell one sen to RM1.13, with 44,800 shares exchanging hands….
Read MoreKUALA LUMPUR (Aug 1): Avillion Bhd said its auditor has raised concerns about the loss-making property and hospitality group’s ability to continue operating as a going concern in its audited financial statements for the financial year ended March 31, 2023 (FY2023). According to its filing on Monday (July 31), its external auditor Messrs Baker Tilly…
Read MoreKUALA LUMPUR (Aug 1): Earthworks and civil engineering service provider Advancecon Holdings Bhd said it has dismissed its group chief operating officer (COO) Yeo An Thai with immediate effect due to misconduct. Yeo, 52, holds a 2.79% stake, comprising 16.08 million shares, in Advancecon, according to the group’s bourse filing on Monday (July 31). The…
Read MoreKUALA LUMPUR (Aug 1): YTL Hospitality Real Estate Investment Trust’s (YTL Hospitality REIT) net property income (NPI) for the fourth quarter ended June 30, 2023 (4QFY2023) rose 5.6% to RM59.94 million, from RM56.76 million a year earlier, on improved performance from its hotel segment. Also contributing to the higher income and fair value gain on its…
Read MoreMd Kamarzan testing one of the sportscars at the supercar show. BANGI: The Discover PKNS 2023 campaign, at its third location in Bandar Baru Bangi, attracted a good crowd, particularly those residing in Bangi, Kajang, Putrajaya, and Selangor Cyber Valley. The event, known as Discover PKNS @ Selangor Cyber Valley, offered a range of carnival-like activities, which…
Read More“PKNS is targeting RM1 billion this year, but due to the slow economy, thus far we have only achieved RM600 million in sales.” BANGI (July 29): The Selangor State Development Corp (PKNS) aims to reach RM1 billion in sales next year for residential and industrial projects, said its deputy chief executive officer (Property Development) Md…
Read MoreKUALA LUMPUR (July 28): A total of 20,000 first-time house buyers, will benefit from government guarantees of up to RM5 billion provided through the Housing Credit Guarantee Scheme under Syarikat Jaminan Kredit Perumahan (SJKP). Local Government Development Minister Nga Kor Ming (pictured) said through the improvement, which provides financing guarantees of up to 120%, more…
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