<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 8): Ingenieur Gudang Bhd is buying a firm that has acquired the interest in 164 units of retail lots in a commercial complex in Pandan Perdana. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The construction group said it is buying Deluxe Mission Sdn Bhd&nbsp; from its sole owner, Soon Boon Fei, for RM8 million.</p></div>

<div class=newsTextDataWrapInner><p>Deluxe Mission intends to repurpose and lease the retail lots in Pandan Safari Lagoon Shopping Complex and Water Theme Park to prospective e-commerce entrepreneurs, said Ingenieur in a bourse filing.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The group is confident that the property will cater for prospective e-commerce entrepreneurs that have both online presence and an offline presence (physical stores) to create product and service awareness online, allowing potential customers to research and visit the physical store to make a purchase or pick-up of items purchased online,” said Ingenieur.</p></div>

<div class=newsTextDataWrapInner><p>It added that the cost of the vacant property was RM11.27 million while the market value was RM30 million.</p></div>

<div class=newsTextDataWrapInner><p>Ingenieur’s share price fell 0.5 sen or 4.35% to 11 sen on Wednesday (Feb 8), giving the group a market capitalisation of RM109.35 million.</p></div>


Ingenieur Gudang Bhd is buying a firm that has acquired the interest in 164 units of retail lots in a commercial complex in Pandan Perdana.  

The construction group said it is buying Deluxe Mission Sdn Bhd  from its sole owner, Soon Boon Fei, for RM8 million.

Ingenieur Gudang to acquire interest in 164 units of retail lots at commercial complex

Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.

Inspector-General of Police Tan Sri Razarudin Husain clarified that the initial statement of the suspect being a member of Jemaah Islamiyah (JI) was based on his father's involvement with the terrorist group.

IGP: Suspect in Ulu Tiram police station attack not linked to terrorist group

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.

Of the world’s 20 largest stock markets, 14 have hit all-time highs recently.

From Tokyo to New York, stock markets are on a record-hitting spree around the world

All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.

Ulu Tiram attack: Seven suspects remanded are locals, says IGP

The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.

Vietnam nominates top police official To Lam as state president

Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.

In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.

Maybank, Manchester United launch new co-branded credit card in Indonesia

China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.

China probes agriculture minister for suspected disciplinary violations

Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.

Abang Johari optimistic Sarawak's revenue will grow in next two to three years

A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.

Russia froze Deutsche Bank, UniCredit assets in Gazprom JV case

The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.

Sulu case: Madrid Court of Appeal upholds Stampa's conviction, sentence, says Azalina

Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.

Canada is looking at EV tariff policy after Biden’s move against China

<p>Berjaya Asset Bhd (KL:BJASSET) on Saturday officially launched Times Square 2, a luxury serviced apartment development located next to Berjaya Times Square in Jalan Imbi, Kuala Lumpur.</p>


Berjaya Asset officially launches Times Square 2

<p>The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.</p>


<p>Two men were arrested on Friday for attempting to trespass into Istana Negara.</p>

<p>In a statement on Friday, Kuala Lumpur police chief Commissioner Datuk Rusdi Mohd Isa said a police officer had stopped a Perodua Kembara vehicle that had attempted to enter Gate 3 of Istana Negara with the passengers intending to meet the King.</p>


Two men arrested for attempting to trespass into Istana Negara

<p>From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.</p>

<p>Of the world’s 20 largest stock markets, 14 have hit all-time highs recently.</p>


<p>Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.</p>

<p>In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.</p>


<p>Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.</p>

<p>Inspector-General of Police Tan Sri Razarudin Husain clarified that the initial statement of the suspect being a member of Jemaah Islamiyah (JI) was based on his father's involvement with the terrorist group.</p>


<p>A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.</p>


<p>Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.</p>


<p>Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.</p>


<p>China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.</p>


<p>All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.</p>


<p>If the past three years have taught us anything, it is that low inflation cannot be taken for granted.</p>


Trump’s Plans for the Fed Would Revive 1970s-Style Inflation The New Global Economy

<p>Singapore will resume flying its F-16 fleet after suspending training when one of the jets crashed earlier this month, the defence ministry on Saturday.</p>


Singapore to resume flying F-16 jets after crash this month

<p>The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.</p>
