MMAG to sell vacant industrial land in Klang for RM13m
The proposed disposal is via a SPA entered between its unit Active Trio Deluxe Sdn Bhd (ATDSB) and Acter Carton Enterprise.
Despite ‘zero governance’ of 1MDB-PetroSaudi JV, partnership continued to maintain ‘strategic relationship’
During the 1MDB-Tanore trial yesterday, Former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi denied he was part of a plot to defraud the fund, even though he had presented to his board of directors, proposals to continue partnering with PSI in 2010 — after their dubious JV a year ago.
1MDB-Tanore Trial Day 30: Longer proceedings until to make up for Najib’s absence from swollen eyes
This extended schedule will be in force until the end of next week to make up for the controversial absence of Najib on Oct 31.
Seacera shareholders holding 2.5% stake propose appointment of six new directors
The shareholders are Ng Wai Yuan, Datin Sek Chian Nee, Low Swee Foong and Datuk Tan Wei Lian
Most of the funds raised for TRX, Bandar Malaysia went to PSI instead, says Shahrol
According to Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi, the plan was for 1MDB to raise RM5 billion and RM10 billion through bridging loan facilities for TRX — at the time known as the Kuala Lumpur International Financial District (KLIFD) — and Bandar Malaysia, where the old Sungai Besi military airport was located, respectively.
Najib escapes further bail conditions, but judge 'won't tolerate attempts to mislead court'
"We submit the accused is using his MC as abuse to obtain adjournment and prolong the trial. There must be sanction on this utter contempt for court proceedings," Datuk Gopal Sri Ram told the court.
Tengku Adnan withdraws strike out application in RM57m income tax suit
At the KL High Court today, Justice Datuk Azimah Omar ordered the former minister to pay RM2,000 costs to the plaintiff after the defendant withdrew the application.
Rise in minimum wage seen too sudden, too soon
Employers claim they have been caught by surprise and that due process has not been followed.
1MDB-Tanore Trial Day 29: Najib's eye ailment in the spotlight after Tanjung Piai campaign appearance
The prosecution may impose tougher bail conditions on Najib.
Sri Ram's experience, expertise needed in 1MDB-Tanore case: AG
The senior DPP provides his service to the nation pro bono or at no cost to taxpayers
