MoF seeks return of full RM250m loan to National Feedlot Corp, refers case to A-G's Chambers
The 20-year loan was originally received by NFCorp on Jan 8, 2008, at an interest rate of 2%, with a grace period of three years.
Yong Tai CEO to inject RM36m as part of funding of ongoing property developments
According to a statement, chief executive officer Datuk Wira Boo Kuang Loon said that he is raising his stake in the group, which currently stands at 12%, via special purpose vehicle (SPV) Domain Capital Sdn Bhd (DCSB) which will subscribe to 100 million new shares in the group.
EcoFirst calls off Penang developer acquisition
In December 2018, EcoFirst had proposed to subscribe for a 20% stake in Geo Valley for RM13,333.46, followed by an acquisition another 50% stake for RM44 million from Geo Valley shareholders.
StanChart Malaysia lowers base lending rate after OPR cut
In a statement today, Standard Chartered Malaysia said it has passed the entire benefit of the cut to all its existing home loan customers, who will receive the benefit with immediate effect.
RON97 cheaper at RM2.68 per litre, RON95 and diesel unchanged
The ministry said it is spending RM99.19 million to subsidise RON95 and diesel fuel during this period.
Maybank further reduces base lending rate
The cuts are effective today and reduce the BR and BLR to 3% and 6.65% respectively.
Prosecution to call 40 more witnesses in Najib's SRC trial
The remaining dates for the proceedings this month will be on May 28 and 29. The trial will then continue right after the Hari Raya Aidilfitri break from June 10 to 14.
Guan Eng: Malaysia 1Q GDP growth of 4.5% 'positive sign for the future'
As Malaysia's 1Q19 GDP growth exceeded expectations of international funds, Lim describes the growth as "impressive". He said the 1Q19 GDP growth could have been better, if not for production supply shocks.
Jho Low's mom appoints two laywers despite not receiving civil forfeiture papers yet
Goh's lawyers M Puravalen and Ragunath Kesavan informed High Court judge Justice Mohamed Zaini Mazlan that they would be acting for her after deputy public prosecutor (DPP) Muhammad Shukri Hussain, who appeared together with DPP Fatnin Yusof and DPP Liew Horng Bin, informed the court that they were unsuccessful in serving the papers to Goh.
Shafee: Defence mulling striking out Najib's RM27m SRC money laundering charges
"This case, there is no predicate offence in these set of charges and we are considering to strike out these charges,"
