RCI Recommends Forensic Audit Into 14 Tabung Haji Investments

KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) into the management and operations of Lembaga Tabung Haji (TH) has recommended a forensic audit into 14 past investment decisions that resulted in significant asset impairments at the Islamic pilgrimage fund.

Tabung Haji In Much Stronger Financial Position Following Recovery Efforts

KUALA LUMPUR, July 21 (Bernama) -- Lembaga Tabung Haji (TH) is in a much stronger financial position now compared with 2018 following continuous recovery and restructuring efforts.

Pos Malaysia Remains Focused On Reducing Losses Through Transformation Plan

KUALA LUMPUR, July 20 (Bernama) -- Pos Malaysia Bhd, under DRB-HICOM Bhd, remains focused on reducing losses through its transformation plan, supported by network rationalisation, expansion of digital channels and prudent management of its cost base and revenue mix.

PKFZ Ready To Support Pulau Carey Third Terminal, Bigger Economic Cake Envisioned

By Harizah Hanim Mohamed

PORT KLANG, July 10 (Bernama) -- Port Klang Free Zone (PKFZ) will not lose out from Port Klang’s development of its third terminal on Carey Island as the economic cake is enough with increased cargo movements.

Chin Hin Plans RM3.60 Bln GDV Golden Triangle Project Via RM455 Mln Land Acquisition

KUALA LUMPUR, July 8 (Bernama) -- Chin Hin Group Property Bhd (CHGP) plans to develop a mixed-use project with an estimated gross development value (GDV) of RM3.60 billion in Kuala Lumpur's Golden Triangle and a total development cost (TDC) of RM2.72 billion.

Ge-Shen Unit Disposes Of Land In Johor For RM35.50 Mln

KUALA LUMPUR, July 7 (Bernama) -- Ge-Shen Corp Bhd’s wholly owned subsidiary, Ge-Shen Plastic (M) Sdn Bhd, has entered into a sale and purchase agreement with Plastico Sdn Bhd to dispose of five parcels of freehold land located in Tebrau, Johor, for RM35.50 million.

Co-opbank Pertama Distributes RM104.8 Mln Dividends To Members

KUALA LUMPUR, July 2 (Bernama) -- Co-opbank Pertama (CBP) has announced a dividend rate of 6.5 per cent for the financial year ended Dec 31, 2025, with payment credited to eligible members’ accounts starting today. 

Selangor Resilience Strengthening Package Formualted With Care, Generates Savings -- Amirudin

SHAH ALAM, June 23 (Bernama) -- The Selangor Resilience Strengthening Package was formulated after taking into account the results of cost-saving measures and prudent state financial management, said Menteri Besar Datuk Seri Amirudin Shari.

Global Supply Crisis: Selangor's Financial Position Still Healthy -- Amirudin

SHAH ALAM, June 15 (Bernama) -- Selangor's financial position is still at a healthy level despite the global economic uncertainties following the supply crisis and fluctuations in world markets.