Prime Minister Datuk Seri Anwar Ibrahim on Friday assured global investors looking to venture into Malaysia that the country is taking necessary reforms and providing a better business environment for them.

PM woos global investors, assures necessary reforms being taken to provide better business environment

Here is a brief recap of some corporate announcements that made news on Thursday: 7-Eleven Malaysia Holdings Bhd, Maxis Bhd, Toyo Ventures Holdings Bhd, Bina Puri Holdings Bhd, KNM Group Bhd, Eco World Development Group Bhd, Comintel Corp Bhd, Visdynamics Holdings Bhd, KESM Industries Bhd, Ahmad Zaki Resources Bhd, Dayang Enterprise Holdings Bhd and Kronologi Asia Bhd.

7-Eleven, Maxis, Toyo Ventures, Bina Puri, KNM, Eco World, Comintel, Visdynamics, KESM Industries, AZRB, Dayang and Kronologi Asia

The government aims to build 5,045 units of Rumah Mesra Rakyat (RMR) this year with the additional RM123 million allocation approved in August.

Minister of Local Government Development Nga Kor Ming said that, so far 4,250 units of houses have been built by Syarikat Perumahan Negara Bhd (SPNB), surpassing the target of 3,410 set for this year.

Over 5,000 units of Rumah Mesra Rakyat set to be built this year

The 7th Selangor International Business Summit 2023 (SIBS 2023) will continue to strengthen Selangor’s position as “gateway to ASEAN” and a preferred investment destination in Asia, said the new Selangor State Exco for Investment, Trade and Mobility Ng Sze Han.

Selangor International Business Summit 2023 will strengthen Selangor as 'gateway to ASEAN', says Selangor exco

EVENING 5: Five things you need to know today

Labuan Financial Services Authority (Labuan FSA) and Labuan IBFC Incorporated Sdn Bhd on Thursday hosted a half-day conference on the Insurance Capital Adequacy Framework (ICAF) in Kuala Lumpur.

Labuan FSA, Labuan IBFC host conference on Insurance Capital Adequacy Framework

Tanco Holdings Bhd has entered into a joint venture (JV) agreement with Accession Development Sdn Bhd to develop a residential project in Pekan Puchong Perdana, Petaling, Selangor.

Tanco in JV for RM500 mil GDV residential project in Puchong Perdana

Malaysia and Türkiye have reached a consensus on measures to address the threats of Islamophobia and racism, Prime Minister Datuk Seri Anwar Ibrahim said.

He said both countries will undertake efforts to deal with these issues through various ongoing and future measures.

Malaysia, Türkiye reach consensus on measures to address Islamophobia

7-Eleven Malaysia Holdings Bhd will dispose of its 75% stake in Caring Pharmacy Group Bhd to BIG Pharmacy Holdings Bhd at a higher price tag of RM675 million, from RM637.5 million announced previously.

7-Eleven to sell Caring stake at higher price tag of RM675 mil to BIG Pharmacy

Maxis Bhd’s wholly-owned subsidiary, Maxis Broadband Sdn Bhd (MBSB) has been granted leave for judicial review by the High Court on Thursday in respect of a RM104 million penalty for its 2022 tax assessment, its Bursa Malaysia filing showed.

High Court allows Maxis unit to start judicial review on RM104 mil IRB tax assessment 

Toyo Ventures Holdings Bhd is looking to have a US$10.36 million (RM48.62 million) lawsuit it faces from KS Lee Energy Llp, in relation to a terminated agreement linked to a coal-fired power plant project in Vietnam, to be disposed of prior to going to full trial.

Toyo Ventures makes bid for summary disposal of RM49 mil suit

The stock of local white rice in Selangor is sufficient based on the state’s monthly requirement which is 45,500 tonnes.

Supply of local rice sufficient, Selangor residents need not panic — Amirudin

The government does not interfere in the employment process of foreign workers, especially in the selection of workers and their countries of origin, said Human Resources Minister V Sivakumar.

Govt does not interfere in foreign worker employment process, says HR minister

Three associations representing property managers and consultants, estate agents, and valuers have come out to support the government’s move to refine the Strata Management Act 2013 as part of its 12th Malaysia Plan Mid-Term Review revealed this month.

In particular, the proposed amendment on the Act includes a requirement for strata residences to be managed by a probationary property manager registered under the Board of Valuers, Appraisers and Estate Agents and Property Managers (BOVAEP).

Malaysia

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