Taiwan’s Chinese Petroleum Corporation, the major shareholder of Kuokuang Petrochemical Technology Corporation (KPTC), has indicated that it is scrapping its investment plan in Pengerang in Johor, according to reports.
Detailed EIA process kicks off for 760-acre land reclamation in Penang
The detailed environmental impact assessment process for Phase 2 of E&O’s Seri Tanjung Pinang project involving 760 acres of land to be reclaimed off Tanjung Tokong in Penang gets underway.
1MDB racked up borrowings of over RM38bn: Report
The spotlight continues to shine on 1MDB and its operations, as its rapid build-up of debt raises eyebrows: it reportedly has US$12bn in borrowings – although some argue that these are backed by assets of RM38bn.
Disappointing results for Lynas Corp
Lynas reportedly sold its rare earths for the equivalent of a little over A$5/kg compared to production costs of almost $20/kg, earning just $600,000 on the back of sluggish market prices.
Look at this share price chart for Lynas Corp (listed on the Australian Stock Exchange):
Najib, Abdullah, Mahathir – are we missing something?
So much time has been spent discussion the legacy of the three premiers we have had since 1981. But in many ways, it is a pointless exercise, especially when it comes to discussing Najib and Abdullah.
Selamat Hari Raya
Raya greetings to all readers and maaf zahir dan batin, i.e. forgive my wrongdoings. Hope you all have a lovely break with family and friends. And let’s hope that the coming year will see our land and its people blessed with more justice, peace, compassion, wisdom and enlightenment.
Squash in 2020 Olympics campaign gains momentum
The game of squash is making a strong bid for inclusion in the 2020 Olympic Games.
The campaign has received a boost from Penang, the home state of seven-time world champion and world number one Nicol David and world number six Low Wee Wern.
Penang state ExCo’s asset disclosures
Something for the BN politicians to emulate. That will be the day!
These are the asset disclosures for the Penang state ExCo members.