EKOVEST Bhd is vastly different now compared with when Tan Sri Lim Keng Cheng (KC) took over as managing director 10 years ago in May 2011.

The construction giant has a 60% interest in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd, which operates the Duta-Ulu Kelang Expressway (Duke) co...

Lim Keng Cheng says no feud at Ekovest, but doubts remain 

THE plan by the Ministry of Transport to change the East Coast Railway Line’s (ECRL) alignment, reverting to the original plan proposed by the Barisan Nasional (BN) government, is understood to have received the tacit approval of the cabinet, sources familiar with the matter tell The Edge.

...

Newsbreak: ECRL’s ‘new’ alignment likely to get approval  

Tan Sri Wan Zulkiflee Wan Ariffin, who is better known as Wan Zul, is said to be stepping down as the president and CEO of Petroliam Nasional Bhd (Petronas), after helming the company for five years.

According to sources, the resignation is expected to be announced soon, and that an internal candidate will succeed him

Possible change of guard at Petronas, Wan Zul to step down

This article first appeared as 'A lot on Loke's plate' in The Edge Malaysia Weekly, on May 13, 2019 - May 19, 2019. 

TRANSPORT Minister Anthony Loke Siew Fook offers us a firm handshake as he gets off the escalator at the swanky hotel in downtown Kuala Lumpur where we are meeti...

What's on Transport Minister Anthony Loke's plate?

This article first appeared as 'Airports need private investments' in The Edge Malaysia Weekly, on May 13, 2019 - May 19, 2019. 

IT may not be that Malaysia is blowing its own trumpet when we say the country has all it needs to be an aviation hub. The country i...

Anthony Loke: Airports need private investments  

This article first appeared as '‘You cannot be popular all the time’' in The Edge Malaysia Weekly, on May 13, 2019 - May 19, 2019. 

OVER the past year, Transport Minister Anthony Loke Siew Fook’s life has largely revolved around meetings and briefings with the 30 or so agencies...

Anthony Loke: ‘You cannot be popular all the time’

Indonesia’s ride-hailing operator, PT Aplikasi Karya Anak Bangsa, or Go-Jek as it is popularly known, is understood to be in the midst of setting up a company in Malaysia in what is seen as a precursor to commencing operations here.

Newsbreak: Indonesia’s Go-Jek looking to set up shop here  

PRESIDENT and CEO of Sapura Energy Bhd Tan Sri Shahril Shamsuddin was visibly pleased when The Edge met him last week. His enthusiasm is understandable.

The oil and gas services provider, in which Shahril has 16.8% equity interest, had just announced that Austrian oil and gas giant OMV ...

Sapura Energy strikes a good cash deal

SAPURA Energy Bhd’s RM4 billion cash call — involving a rights issue of Islamic convertible preference shares (ICPS) and new ordinary shares sweetened by free detachable warrants — is seen as an effective medicine but is nevertheless a bitter pill to swallow.

“The medicine is bitter but...

Sapura Energy’s cash call a bitter remedy?

AFTER going on a buying spree by raising debt over the past few years, DRB-Hicom Bhd has Pos Malaysia Bhd, Proton Holdings Bhd, Composites Technology Research Malaysia Sdn Bhd (CTRM) and Konsortium Logistik Bhd under its belt.

Now, the diversified group has reversed its strategy by goin...

Asset sale to fund Proton's operations

Iran’s foreign minister compared the drones used in an attack by Israel early Friday to “toys”, in comments that aimed at downplaying the significance of the strike on Iranian territory.

Iran downplays Israel’s latest attack as one done by ‘toys’

The Malaysian Communications and Multimedia Commission (MCMC) has lodged police reports against three individuals, namely Badrul Hisham Shaharin or Chegubard, Mohamad Salim Iskandar (Salim Iskandar) and Wan Muhammad Azri Wan Deris (Papagomo), for making and spreading false accusations about its officers.

MCMC lodges police reports against Chegubard, Salim Iskandar, Papagomo over false accusations

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Bitcoin ‘halving’ cuts supply of new tokens in threat to miners

The Madani government will look into the hardship faced by the people in Sabah, especially in terms of socioeconomic poverty as well as improvements to infrastructure for the benefit of the people.

Madani govt committed to improving infrastucture in Sabah, says Anwar

Deputy Minister of Communications Teo Nie Ching cautioned the public on the latest tactics of scammers impersonating ministry officials.

Teo cautions public on scammers impersonating Communications Ministry officials

A huge blast at a military base in Iraq early on Saturday killed a member of an Iraqi security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time.

Iraq's Popular Mobilization Forces says base was attacked, army investigates

Barisan Nasional (BN) component parties are required to help the candidate representing the unity government in the Kuala Kubu Baharu state by-election, said BN deputy chairman Datuk Seri Mohamad Hasan.

Kuala Kubu Baharu by-election: BN component parties have to assist unity govt candidate, says Mohamad Hasan

Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.

Positive economic achievements prove Sabah govt's commitment, says Hajiji

Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.

Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.

Scientex aims to build 50,000 affordable housing units by 2028

The Madani government is committed to eradicating hardcore poverty in Sabah despite knowing the situation is quite complicated to resolve, said Prime Minister Datuk Seri Anwar Ibrahim.

Madani govt committed to eradicating hardcore poverty in Sabah, says Anwar

S P Setia Bhd has officially launched the LakePoint Complex commercial hub at the 1,235-acre freehold township of SetiaAlam Impian in Shah Alam on Saturday. The ceremony was officiated by the Sultan of Selangor, Sultan Sharafuddin Idris Shah.

Selangor Sultan officiates launch of S P Setia’s LakePoint Complex at Setia AlamImpian

Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

Approved logistics players to get diesel fleet cards amid subsidy rationalisation

Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

DNB says process relating to subscription of its shares by five mobile network operators ongoing

Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the US stock rally, which has flagged as expectations for interest cuts fade.

'Crowded' megacap trade in US stocks awaits earnings test

Iran’s foreign minister compared the drones used in an attack by Israel early Friday to “toys”, in comments that aimed at downplaying the significance of the strike on Iranian territory. &nbsp;

The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has extended condolences to the family of former inspector general of police Tun Mohammed Hanif Omar, who died early on Saturday morning.

Selangor Sultan conveys condolences to Tun Hanif Omar’s family

Barisan Nasional (BN) component parties are required to help the candidate representing the unity government in the Kuala Kubu Baharu state by-election, said BN deputy chairman Datuk Seri Mohamad Hasan.

Elon Musk postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla automaker and saying he aimed to reschedule the visit for later this year.

Tesla's Elon Musk postpones India trip, aims to visit this year

Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.

Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.

The Malaysian Communications and Multimedia Commission (MCMC) has lodged police reports against three individuals, namely Badrul Hisham Shaharin or Chegubard, Mohamad Salim Iskandar (Salim Iskandar) and Wan Muhammad Azri Wan Deris (Papagomo), for making and spreading false accusations about its officers.

A huge blast at a military base in Iraq early on Saturday killed a member of an Iraqi security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time.

Deputy Minister of Communications Teo Nie Ching cautioned the public on the latest tactics of scammers impersonating ministry officials.

The Madani government will look into the hardship faced by the people in Sabah, especially in terms of socioeconomic poverty as well as improvements to infrastructure for the benefit of the people.

Perikatan Nasional (PN) will hold a supreme council meeting on Monday (April 22) on the selection of candidate to contest in the Kuala Kubu Baharu state by-election on May 11.

Kuala Kubu Baharu by-election: PN to hold supreme council meeting on Monday

Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.

The Madani government is committed to eradicating hardcore poverty in Sabah despite knowing the situation is quite complicated to resolve, said Prime Minister Datuk Seri Anwar Ibrahim.

PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

Jose Barrock and Kathy Fong

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Jose Barrock and Kathy Fong

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