<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 28): Maxim Global Bhd is to undertake the decommissioning and upgrading of several sewerage treatment plants within the Alam Damai catchment area in Cheras under a privatisation deal with the government.</p></div>

<div class=newsTextDataWrapInner><p>The project, the value of which was not disclosed, includes the provision of the necessary amenities and utilities via a land swap, said the property developer in a filing on Tuesday.</p></div>

<div class=newsTextDataWrapInner><p>Maxim, via its 70%-owned indirect subsidiary F3 Cheras Development Sdn Bhd, has entered into a privatisation agreement with the Ministry of Natural Resources, Environment and Climate Change and government-owned Syarikat Tanah Dan Harta Sdn Bhd for the deal.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Under the agreement, Syarikat Tanah will transfer part of a land in Cheras to F3 Cheras. But no details of the land were given.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Maxim closed one sen or 2.41% lower on Tuesday to 40 sen, giving the group a market capitalisation of RM294.24 million.</p></div>


Maxim Global Bhd is to undertake the decommissioning and upgrading of several sewerage treatment plants within the Alam Damai catchment area in Cheras under a privatisation deal with the government.

Maxim’s unit to undertake sewerage treatment plants job in Cheras under privatisation deal

Large, growing budget deficits and rising public debt-to-GDP ratios in advanced economies are rattling markets. With interest rates on government debt having gone from near zero (and even negative, in some cases) to much higher levels, rising short- and long-term bond yields have cast doubt on th...

After the Storm: Can Bond Vigilantes Prevent the Next Debt Crisis?

Brazil has an unfortunate habit of disappointing. Despite the country’s exceptional natural-resource endowment, its growth trajectory resembles what Brazilians call the flight of a chicken (voo de galinha): a brief flutter followed by an inevitable fall back down to Earth. President Luiz Inácio L...

The New Global Economy: Another Crash Landing for Brazil’s Economy?

(Nov 8): Saudi Arabia's civil defence on Sunday lifted alerts in several areas of the kingdom's oil-rich Eastern Province, including Dhahran, home to the headquarters of oil major Saudi Aramco, shortly after warning of potential danger.

Saudi civil defence gives all-clear after alerts in Eastern Province

(Nov 8): Australian home sales and auction clearance rates climbed, offering hopes of a recovery for a property market that has slumped as interest rates rose this year.

Australia home sales rise in fledgling sign of property recovery

MELAKA (Nov 8): State governments must work in tandem with the federal government to ensure that development plans and policies are implemented effectively, thereby bringing greater benefits to the people, said PKR Youth chief Muhammad Kamil Abdul Munim.

Good state-federal relations crucial for development — Muhammad Kamil

WELLINGTON (Nov 8): New Zealanders faced weeks of uncertainty on Sunday over who will govern the country after their general election, with the current coalition holding a slim majority but a potentially decisive slice of votes still to count.

After close vote, New Zealand must wait weeks for new government

(Nov 8): Selling billions of dollars of corporate bonds on Election Day seemed like a real gamble. 

But to Meta Platforms Inc, waiting seemed like an even bigger one. 

The Facebook parent aimed to sell US$25 billion of bonds this quarter, and took the unusual step of...

Meta’s bond sale shows new reality for tech debt

(Nov 8): Kaiser Ng, the chief financial officer at Binance Holdings Ltd, the world’s largest crypto exchange, is leaving, the company announced just days after hackers stole more than US$6 billion in cryptocurrency from the platform.

Binance’s CFO leaves company in wake of US$6 bil crypto heist

As HNG Capital observes its 50th anniversary, siblings Datuk Sean H’ng Chun Hsiang and Datin Seri Jessica H’ng Hsieh Ling — group CEO and group CFO respectively — represent a new generation of Malaysian leaders who see legacy as something to continuously reinvent rather than merely protect.

Power move

ASUNCION (Nov 7): A Paraguayan judge on Saturday ordered former President Santiago Peña held in pretrial detention at a military facility while prosecutors investigate his ties to digital lender ueno, whose collapse has left millions of customers struggling to access their accounts.

Judge orders Paraguay's ex-president Peña held before trial

<p>WASHINGTON (Nov 7):&nbsp; US President Donald Trump on Saturday said he had asked mixed martial arts promoter Dana White to serve as White House press secretary and called on him to bring some fighters along as assistants "even though some are not from our country."</p>


Trump says he wants UFC chief Dana White for White House press secretary

<p>(Nov 8): Kaiser Ng, the chief financial officer at Binance Holdings Ltd, the world’s largest crypto exchange, is leaving, the company announced just days after hackers stole more than US$6 billion in cryptocurrency from the platform.</p>


<p>As HNG Capital observes its 50th anniversary, siblings Datuk Sean H’ng Chun Hsiang and Datin Seri Jessica H’ng Hsieh Ling — group CEO and group CFO&nbsp;respectively — represent&nbsp;a new generation of Malaysian leaders who see legacy as something to continuously reinvent rather than merely protect.</p>


<p>In <em>City &amp; Country</em>'s Nov 9 cover story, we look into the progress of Warisan KL, an ambitious national initiative. Launched in May last year by Prime Minister Datuk Seri Anwar Ibrahim, the initiative aims to rejuvenate and revitalise some of the most historically significant landmarks in Kuala Lumpur.&nbsp;</p>


Keeping KL’s story alive

<p>TOKYO (Nov 8): An earthquake with a preliminary magnitude of 5.7 struck central Japan early Sunday, injuring at least 20 people in Aichi Prefecture, <em>Kyodo News</em> reported, citing authorities.</p>


Magnitude 5.7 quake strikes central Japan, leaving at least 20 injured

<p>(Nov 8): Selling billions of dollars of corporate bonds on Election Day seemed like a real gamble.&nbsp;</p>

<p>But to Meta Platforms Inc, waiting seemed like an even bigger one.&nbsp;</p>

<p>The Facebook parent aimed to sell US$25 billion of bonds this quarter, and took the unusual step of...

<p>KUALA LUMPUR (Nov 7): The Deepavali celebration&nbsp;should serve as a platform to strengthen unity, bridge gaps between communities and foster values of compassion and concern for those in need.</p>


Anwar extends Deepavali greetings, calls for stronger national unity

<p>ASUNCION (Nov 7): A&nbsp;Paraguayan judge on Saturday ordered former President Santiago Peña held in pretrial detention at a military facility while prosecutors investigate his ties to digital lender ueno, whose collapse has left millions of customers struggling to access their accounts.</p>


<p>MELAKA (Nov 8): State governments must work in tandem with the federal government to ensure that development plans and policies are implemented effectively, thereby bringing greater benefits to the people, said PKR Youth chief Muhammad Kamil Abdul Munim.</p>


<p>WELLINGTON (Nov 8): New Zealanders faced weeks of uncertainty on Sunday over who will govern the country after their general election, with the current coalition holding a slim majority but a potentially decisive slice of votes still to count.</p>


<p>(Nov 8): Australian home sales and auction clearance rates climbed, offering hopes of a recovery for a property market that has slumped as interest rates rose this year.</p>


<p>Brazil has an unfortunate habit of disappointing. Despite the country’s exceptional natural-resource endowment, its growth trajectory resembles what Brazilians call the flight of a chicken (voo de galinha): a brief flutter followed by an inevitable fall back down to Earth. President Luiz Inácio L...

<p>Large, growing budget deficits and rising public debt-to-GDP ratios in advanced economies are rattling markets. With interest rates on government debt having gone from near zero (and even negative, in some cases) to much higher levels, rising short- and long-term bond yields have cast doubt on th...

<p>(Nov 8): Saudi Arabia's civil defence on Sunday lifted alerts in several areas of the kingdom's oil-rich Eastern Province, including Dhahran, home to the headquarters of oil major Saudi Aramco, shortly after warning of potential danger.</p>
