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UEM Sunrise to divest property in Melbourne for AUD$107.09 mln

KUALA LUMPUR, Nov 12  -- UEM Sunrise Bhd’s (UEMS) wholly-owned subsidiary, UEM Sunrise (St Kilda Road) Pty Ltd, is proposing to divest its property in Melbourne, Australia to Acme Co No. 4 Pty Ltd (Acme) for AUD$107.09 million (RM304.13 million). 

In a filing with Bursa Malaysia today, UEMS said the company has entered into a contract with Acme for the sale of the property at 412, St Kilda Road, which has a net lettable area of approximately 16,258 square metres, 174 car park bays plus all improvements and fixtures.

“The proposed divestment will allow UEMS to immediately unlock the value of the property at a gain in line with market value and free up the cash to enable the group to pursue other investments and venture  opportunities.....

[ full news ]

 

Welson still a sure bet at Philippines Sea Games


KUALA LUMPUR, Nov 12  -- National swimmer Welson Sim is expected to retain three gold medals at the 2019 Philippines SEA Games which will be held from Nov 30 to Dec 11.

 
 

Police foil drug smuggling attempt at klia2


SEPANG, Nov 12  -- A man who attempted to smuggle drugs believed to be syabu at Kuala Lumpur International Airport 2 failed when police found the banned substance tied to his body.

 
 

Regulatory body can help revitalize music industry, say artistes


KUALA LUMPUR, Nov 12  -- The setting up of a regulatory body for the local music industry can help revitalize the sector which currently in a state of stagnation due to various issues, including piracy.

 
 

No e-cigarette, vape registered as smoking cessation tool - Dr Lee


KUALA LUMPUR, Nov 12  -- Currently, there is no electronic cigarette (e-cigarette) or vape has been registered as smoking cessation tool or medication, said Deputy Health Minister Dr Lee Boon Chye.

 
 

CAAM has launched strategic transformation initiative to restore image


PUTRAJAYA, Nov 12  -- The Civil Aviation Authority of Malaysia (CAAM) has launched its strategic transformation initiative since February/March this year to restore its image, its board member, Afzal Abdul Rahim said.

 
 

Yellow weather alert for Kelantan and Terengganu


KUALA LUMPUR, Nov 12  -- Malaysian Meteorological Department (METMalaysia) has issued a yellow warning weather alert for Kelantan and Terengganu following continuous rain and strong northeasterly winds expected in several areas in the two states on Thursday and Friday.

 
 

Malaysia tops regional 11.11 sales in terms of traffic, transaction -- Shopback


KUALA LUMPUR, Nov 12  -- Malaysia recorded the strongest performance among six countries in terms of shopping traffic and numbers of orders during the 11.11 Singles Day online shopping frenzy this year, according to online cashback platform ShopBack Malaysia.  

 
 

Safawi eyes 2019 MVP Award for treble winners with JDT


KUALA LUMPUR, Nov 12 -- After assisting Johor Darul Ta’zim (JDT) to clinch three trophies this season, national winger, Muhammad Safawi Rasid is hoping to bag Most Valuable Player (MVP) award again at the 2019 National Football Award (ABK) in Bangi  this Friday.

 
 

Police report lodged over defamatory statements by Gerakan president


KUALA LUMPUR, Nov 12  -- A police report was lodged against Parti Gerakan Rakyat Malaysia (Gerakan) president Dr Dominic Lau Hoe Chai today for allegedly making malicious statements and giving negative perception about Education Minister Dr Maszlee Malik and the Pakatan Harapan (PH) administration.

 
 

CAAM confident of regaining fAA Category 1 ranking


PUTRAJAYA, Nov 12  -- The Civil Aviation Authority of Malaysia (CAAM) is confident of regaining its Category 1 under the US Federal Aviation Administration's (FAA) ranking for air safety within 12 to 24 months.

 
 
 

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Perak Sultan attends Gathering With Rakyat in Gopeng

 
     

Deputy Speaker: Not many opposition Parliamentarians declare asset

 
     

Rubber tapper loses life savings of RM184,999 to scammers

 
     

Seven CCRC Sungai Ruan inmates have escaped

 
     
 
     
 

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