News about Malaysia

KUALA LUMPUR: Finance Minister Lim Guan Eng has declared that the Tun Razak Exchange (TRX) project had been “detoxified”.

KUALA LUMPUR (Feb 11): Former Prime Minister Datuk Seri Najib Razak’s trial linked to SRC International Sdn Bhd has been postponed.

PETALING JAYA (Feb 8): The sale of the superyacht Equanimity is progressing well and many potential buyers have visited the vessel currently moored in Langkawi, said Jonathan Beckett, CEO of Burgess, the luxury yacht specialist which is the appointed agent to sell the vessel.

KUALA LUMPUR (Feb 7): The government has collected a total of RM202.

KUALA LUMPUR (Feb 6): It looks like the Malaysian Anti-Corruption Commission (MACC) (pictured) has already started a probe on the redevelopment of Taman Rimba Kiara (TRK) by the previous administration.

  PETALING JAYA (Feb 2): The Malaysian Anti-Corruption Commission (MACC) has questioned 20 Dewan Bandaraya Kuala Lumpur (DBKL) officers over their involvement the RM4.

KUALA LUMPUR (Feb 1): In the first case of an audit firm being penalised in connection with the 1Malaysia Development Bhd (1MDB) scandal, the Securities Commission Malaysia (SC) yesterday fined Deloitte PLT RM2 million for failing to discharge its statutory obligations, including not immediately reporting irregularities.

KUALA LUMPUR (Feb 1): The Malaysian government will let Goldman Sachs Group Inc decide how much to pay of the US$7.

(Jan 31): The Edge Media Group chairman Datuk Tong Kooi Ong has gifted whistle-blower Xavier Andre Justo RM8.

KUALA LUMPUR (Jan 31): Berjaya Corp Bhd (BCorp) and its wholly-owned subsidiary Juara Sejati Sdn Bhd have entered into an agreement with Penta Master Fund Ltd, PCM Industrial LP and Penta Asia Long/Short Fund Ltd to acquire 4.