New Covid-19 cases stay below 2,000 level for sixth day
KUALA LUMPUR (March 11): A total of 1,647 new Covid-19 cases were reported in Malaysia today, the sixth straight day with less than 2,000 infections.
Prosecution fails to show how monies seized from OBYU's condo were from 1MDB, argues defence in forfeiture case
KUALA LUMPUR (March 11): A lawyer for UMNO today told the High Court that the prosecution seeking the forfeiture of funds seized from the Pavilion luxury condominium unit owned by OBYU Holdings Sdn Bhd has failed to show how the company had allegedly misappropriated the funds from 1Malaysia Development Bhd (1MDB).
Zahid asked Singaporean businessman for RM10m donation, says witness
KUALA LUMPUR (March 11): Former deputy prime minister Datuk Seri Ahmad Zahid Hamidi (pictured) had in 2015 asked Singaporean businessman Wong Sang Woo @ Wong Shuh Chain for a RM10 million donation, which was proposed to be channelled to Zahid’s charity arm Akalbudi Foundation, Malaysian Anti-Corruption Commission investigating officer Christ Sheldon Anak Merun told the High Court here today.
North Korean businessman with PR status loses final appeal, faces extradition for money laundering
PUTRAJAYA (March 9): A 56-year old North Korean businessman, who has a permanent resident status here, has lost his final appeal to be freed and could face extradition to the US to face two charges of money laundering.
Greece: 37-day-old baby succumbs to Covid-19
KUALA LUMPUR (March 9): A 37-day-old baby in Athens, Greece succumbed to the Covid-19 disease yesterday, reported AFP.
More changes in Boustead group of companies' boardrooms
KUALA LUMPUR (March 8): Boustead Holdings Bhd and its subsidiaries have made more changes in their boardrooms, with the latest being the redesignation of Boustead's executive director of group business development Izaddeen Daud as its deputy group managing director, effective March 1.
Desmond Lim builds up stake in WCT
KUALA LUMPUR (March 6): Businessman Tan Sri Desmond Lim acquired another 250,000 shares in WCT Bhd yesterday, raising his direct shareholding in the construction company to 103.
Axis REIT acquires Bukit Raja industrial property with warehousing potential for RM120m
KUALA LUMPUR (March 5): Axis Real Estate Investment Trust (REIT) has acquired a freehold land measuring 20.
Acoustech disposes of Johor land for RM6.4m
KUALA LUMPUR (March 5): Acoustech Bhd has disposed of a parcel of leasehold land in Johor for RM6.
Zahid’s lawyer raises objection against MACC officer’s ‘contract promise’ claim
KUALA LUMPUR (March 4): Datuk Seri Dr Ahmad Zahid Hamidi’s (pictured) lawyer raised an objection in the High Court today against a Malaysian Anti-Corruption Commission (MACC) officer’s testimony about a Government contract allegedly promised by the former Deputy Prime Minister.
