<div class=newsTextDataWrapInner><p>HONG KONG (Aug 24): A joint venture (JV) comprising six companies said on Monday it plans to invest HK$16.80 billion (US$2.14 billion or RM8.67 billion) in the newly awarded pilot development area in Hong Kong's Northern Metropolis, a megaproject bordering mainland China.</p></div>

<div class=newsTextDataWrapInner><p>The six companies include Chinese state-owned property developers China Overseas Land &amp; Investment, China Merchants Land, China Resources Land (Overseas) and Hong Kong peer Sino Land.</p></div>

<div class=newsTextDataWrapInner><p>Another two companies are China's state-owned tourism enterprise CTG Investment Management and e-commerce giant&nbsp;JD.com Inc.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The JV plans to develop a large-scale modern logistics hub with residential and community commercial facilities.</p></div>

<div class=newsTextDataWrapInner><p>It expects the logistic facility will begin operations in 55 months.</p></div>

<div class=newsTextDataWrapInner><p>Hong Kong's Northern Metropolis, spanning 30,000 hectares (116 square miles), aims to bolster the city's technological collaboration and linkages with mainland China.</p></div>

<div class=newsTextDataWrapInner><p>The JV won the tender of the project on Monday for HK$1 billion.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Tham Yek Lee</em></p></div>


A joint venture (JV) comprising six companies said on Monday it plans to invest HK$16.80 billion (US$2.14 billion or RM8.67 billion) in the newly awarded pilot development area in Hong Kong's Northern Metropolis, a megaproject bordering mainland China.

Chinese state-owned firms, JD.com for JV to invest in Hong Kong border megaproject

Reports arising from investigations by the Attorney General’s Chambers (AGC) Special Investigation Committee on Financial Crime Issues will be presented to the Cabinet for consideration and action before being made public.

Financial crime investigation reports to be presented to Cabinet before public disclosure, says AGC

The US merchandise-trade deficit widened in September to the largest since March 2025 amid an ongoing surge in imports of capital goods.

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Jati Tinggi Group Bhd (KL:JTGROUP) on Wednesday reported a more than two-fold increase in quarterly net profit from a year earlier, driven by higher revenue from power infrastructure and underground cable projects, particularly those linked to data centres.

Jati Tinggi 3Q net profit more than doubles on stronger data centre project contributions

Kanger International Bhd's (KL:KANGER) trading suspension looms after Bursa Malaysia Securities rejected its request for more time to issue its interim audited financial statements.

Kanger trading suspension looms after Bursa rejects bid for more time to issue audited accounts

Benjamin Netanyahu won the support of an unexpectedly clear majority of Israeli Jews in an election billed as a major turning point in his nation's history, apparently ensuring he will survive as the prime minister at least in a caretaker role.

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Oriental Interest Bhd (KL:OIB) has called off its proposed RM280 million acquisition of two motorcycle financing and retail businesses, as the group reported a near 36% drop in fourth-quarter net profit amid lower progress billings from its property projects.

Oriental Interest scraps motorcycle business acquisition as 4Q net profit falls 36%

Billionaire Mukesh Ambani's telecommunications-to-digital firm Reliance Jio Platforms soared 27% in its Mumbai debut on Wednesday, making it India's second-largest company by market capitalisation after a record-breaking US$3.2 billion (RM13.1 billion) initial public offering (IPO).

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The Kuala Lumpur High Court on Wednesday dismissed an appeal by Lee Koon Huat, a former adviser to Axis Incorporation Bhd's board of directors, against his conviction for instructing the company to submit to Bursa Malaysia false quarterly reports for the financial year 2007.

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Sunway Bhd (KL:SUNWAY) has secured bondholders’ approval to replace Malaysian Rating Corp Bhd (MARC) with RAM Rating Services Bhd as the credit rating agency for its sukuk programme.

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<p>Bank Negara Malaysia (BNM) has fined two subsidiaries of AMMB Holdings Bhd (KL:AMBANK) a total of RM552,000 for failing to promptly report cash transactions of RM25,000 and above, following lapses in their reporting systems.</p>


BNM fines AmBank, AmBank Islamic RM552,000 over delayed cash transaction reports

<p>PUTRAJAYA (Oct 28): The transportation costs to bring Datuk Seri Najib's from prison to Putrajaya for next month's civil appeal will be borne either by the former prime minister.</p>


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<p>The Malaysian billionaire families behind Maxis Bhd (KL:MAXIS) and U Mobile Sdn Bhd are reviving plans to combine the companies in a deal that could create the country’s biggest wireless operator by market value, people with knowledge of the matter said.</p>


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<p>Eco-Shop Marketing Bhd (KL:ECOSHOP) hit a four-month low on Wednesday, after the company’s first quarter fell short of analysts' expectations.</p>


Eco-Shop hits four-month low after 1Q miss; price revision looms

<p>Magma Kiara Sdn Bhd, a subsidiary of Bursa Malaysia-listed Magma Group Bhd (KL:MAGMA), has signed a memorandum of collaboration (MOC) with interior fit-out specialist Jalex Sdn Bhd at the Wolo Experience Lounge in Bukit Bintang, to explore its proposed appointment as hotel interior adviser for Wolo Hotel &amp; Residences, Mont Kiara KL, according to a press statement issued on Oct 28.&nbsp;</p>


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<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

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<p>Datin Seri Rosmah Mansor will vigorously resist a Lebanese jewellery firm’s bid to enforce a High Court judgement in June which had ordered her to pay the firm RM67.5 million over 43 missing pieces of jewellery that had been sent to her in February 2018.</p>


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<p>Benjamin Netanyahu won the support of an unexpectedly clear majority of Israeli Jews in an election billed as a major turning point in his nation's history, apparently ensuring he will survive as the prime minister at least in a caretaker role.</p>


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