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Key Highlights

  • KL Tower sold

  • Minimum wage breather

  • Zuraida gets the boot




KL Tower sold

Telekom Malaysia has sold ownership of the Kuala Lumpur Tower to a little-known company called Hydroshoppe Sdn Bhd.

The deal was reportedly made on Oct 31, while the nation was raptured in election fever.

Former communications minister Annuar Musa said that as a public-listed firm, TM did not need his permission to transfer shares - but questioned why a profit-maker was let go of.

Communications and Digital Minister Fahmi Fadzil, meanwhile, is keeping a close eye on the matter and has promised to cooperate with authorities if there is any investigation.

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Minimum wage breather

Micro businesses with less than five employees on their business have received another extension on implementing the RM1,500 minimum wage.

It was previously extended from May 1 this year, to Jan 1 next year, and now to July 1.

However, the second extension has irked labour groups - who urged the government to subsidise micro businesses so that they can pay workers the new minimum wage instead.

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Zuraida gets the boot

PBM has sacked Zuraida Kamaruddin and 10 others amid a power struggle with founding president Larry Sng.

Two of Zuraida's allies - Haniza Talha and Daroyah Alwi - have only been stripped of their posts as deputy president and women's chief respectively.

Sng said this was to prevent the duo - who are Selangor assemblypersons - from party hopping.

While partyless, Zuraida won't be completely in the wilderness, however, as she is a member of the Muafakat Nasional NGO, headed by former Ketereh MP Annuar Musa.

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