MRCB rises 4.27% on receiving RM1.07b from EPF

Dec 20

KUALA LUMPUR (Dec 20): Malaysian Resources Corporation Bhd (MRCB) rose 4.

MRCB gets RM1.07b from EPF for Bukit Jalil land disposal

Dec 20

KUALA LUMPUR (Dec 20): Malaysian Resources Corp Bhd (MRCB) has received RM1.

Vincent Tan to restructure his business empire

Jun 20

KUALA LUMPUR (Dec 20): Tan Sri Vincent Tan (pictured), who is back at the helm of the Berjaya group, yesterday unveiled his big plan to restructure his business empire that may involve the sale of assets, privatising two companies — 7-Eleven Malaysia Holdings Bhd and Berjaya Land Bhd (BLand) — as well as the listing of hotel business in Singapore.

Monetary Authority of Singapore bans Tim Leissner for life

Dec 19

KUALA LUMPUR (Dec 19): The Monetary Authority of Singapore (MAS) announced today that it has increased the ban against Tim Leissner to a lifetime prohibition order (PO) following Leissner’s admission to 1Malaysia Development Bhd (1MDB)-related criminal charges brought against him by the US Department of Justice (US DOJ).

Genting Malaysia rises 6.71% on theme park optimism

Dec 19

KUALA LUMPUR (Dec 19): Genting Malaysia Bhd shares rose 6.

Jho Low blames Putrajaya for eroding Equanimity’s value

Dec 18

KUALA LUMPUR (Dec 18): The "fire sale" of luxury superyacht Equanimity, which will be transacted at half of its original price, is a failure that is to be blamed on the Malaysian government, claims fugitive financier Low Taek Jho (Jho Low).