LHAG Advocates And Solicitors LHAG Advocates And Solicitors

Daily News

22 March 2019

Autos

Honda Malaysia sets lower sales target

Proton’s regional ambitions coming to fruition sooner than expected

Construction

Decision on PDP or turnkey contract model in RM29 billion Pan Borneo Highway by end-March

Fajarbaru Builder’s major client, TYL Land & Development, ordered to wind up

Dispute resolution

Umno does not have locus standi nor cause to sue over seizure of RM117 million

Earnings

Sapura Industrial’s Q4 profit down by half

Employment

Former executive of Catalist-listed IEV files wrongful dismissal claim

Investment

Permodalan Nasional considering first sale of exchangeable bonds

Islamic finance

MIDF, Al Rajhi Malaysia still in merger talks

Legislation

Employment Act 1955 could be amended

Environmental Quality Act 1974 being reviewed

Oil and gas

Murphy Oil exits Malaysia

Perdana Petroleum subsidiary gets Dayang Enterprise job

Sarawak CM ‘sure’ Petros-Petronas collaboration will be able to explore new areas

Serba Dinamik, Petronas Carigali ink RM313 million contract

Property

Western Digital selling PJ site; Knight Frank Malaysia exclusive agent

Tax

RM8 billion paid in GST, IRB refunds

Technology

MyIX invests RM2.5 million in upgrades

Telecommunications

Malaysian Football League seeking RM428 million from Telekom Malaysia

Tobacco

British American Tobacco, MoH working on regulatory framework for smokeless devices

Utilities

MESTECC putting out RM3 billion in contracts, involving RE projects

ASIA

Airlines

Indonesia’s Garuda cancels multi-billion-dollar order for 49 Boeing 737 Max jets

Autos

Geely misses 2018 sales target by 5%

Real estate

KKR looking to deepen portfolio

AUSTRALIA

Media

In legal world first, The Age newspaper held responsible for former journalist’s PTSD

Real estate

Property baron pays more than A$15 million for grand Tuscan-inspired mansion

‘White House’ hits the market after 55 years in one family

SINGAPORE

Company law

Trading company, dormant since 2011, wound up

Insolvency

PUB will take over Tuaspring if Hyflux does not remedy defaults

UK

Oil and gas

Indonesia’s Medco acquiring London-listed Ophir Energy after sweetened cash bid

Retail

Debenhams’ board wins more time to sort out finances

US

Retail

Sneaker make Nike to invest more in apparel and women’s products

Technology

Uber, Pinterest pick New York Stock Exchange over NASDAQ for stock listings