KUALA LUMPUR (Oct 15): The Finance Ministry says the government revenue for 2018 will decline to RM21 billion, after the reinstatement of the Sales and Services Tax (SST) on Sept 1, 2018 to replace the Goods and Services Tax (GST).
Minister Lim Guan Eng said the revenue from the SST for the period from September to December this year is estimated at RM4 billion.
“The net impact, therefore, is RM17 billion for 2018,” he said at the Dewan Rakyat here today.
KUALA LUMPUR (Oct 15): Mah Sing Group Bhd said 74% of residential properties it targets to sell this year, are priced below RM500,000.
Group chief executive officer Datuk Ho Hon Sang said this in a statement today, in response to the government’s newly-announced affordable housing policy.
KUALA LUMPUR (Oct 15): Merge Energy Bhd said today that the builder's major shareholder and certain directors have been approached by a few parties who have expressed interest in acquiring a stake in the company.
In a statement to Bursa Malaysia, Merge Energy said these parties also expressed interest to explore certain business opportunities with the company.
"However, the discussions with various parties are still preliminary at this juncture and no agreements and/or conclusions have been made insofar on the discussions.