News about international

PUTRAJAYA (Sept 25): A three-member Court of Appeal bench today allowed former premier Datuk Seri Najib Razak's (pictured) application for a 30-day extension to file a petition of appeal against his conviction, 12 years' jail and RM210 million fine in the SRC International Sdn Bhd case.

While “don’t put all your eggs in one basket” is a well-used adage, it remains a relevant investment strategy today.

KUALA LUMPUR (Sept 25): Eco World International Bhd (EWI), the international arm of Eco World Development Bhd, reported a net profit of RM37.

KUALA LUMPUR (Sept 23): The prosecution in ex-prime minister Datuk Seri Najib Razak's (pictured) SRC International Sdn Bhd case had not filed its petition of appeal against the High Court's sentencing within the specified 10-day duration after the record of appeal was filed on Sept 10, 2020, a source familiar with matter told theedgemarkets.

KUALA LUMPUR (Sept 22): The defence team in Datuk Seri Najib Razak's (pictured) SRC International Sdn Bhd case is asking the Court of Appeal to grant more time for it to file a petition of appeal, which was initially fixed to be filed by next Monday (Sept 28).

Poised to be the Central Business District (CBD) of Iskandar Puteri (formerly known as Nusajaya), Medini is growing steadily with the on-going infrastructure development and numerous property projects that will turn this quiet region of southern Johor into a vibrant city in years to come.

KUALA LUMPUR (Sept 17): Solicitors representing the Malaysian Anti Corruption Commission (MACC) is currently looking into reports that the United States Department of Justice is seeking some US$300 million additional assets allegedly from 1Malaysia Development Bhd (1MDB), a sum that the MACC is also seeking to recover from several parties via a forfeiture application.

KUALA LUMPUR (Sept 15): PetroSaudi Oil Services (Venezuela) Ltd (PSOSL) (Incorporated in Barbados) reiterated its undertaking to the High Court today that it would not move the disputed US$340.

  新冠肺炎诱发的行动管制导致马来西亚经济发展一度停摆，不过，一些商家仍对国家经济前景保持乐观向好的看法。 根据KGV International Property Consultants (M) Sdn Bhd的一份市场研究报告，许多受访者相信国家经济将在未来的24个月内回稳。 该份名为《工业产业投资者在行动管制令后的行为》的报告在今年六月走访了200位个人和企业受访者，当中，82%相信经济环境将于未来六个月至两年内复苏。 KGV International Property Consultants 执行董事Samuel Tan说：“很意外地，大部分受访者对经济复苏相当乐观和有信心，不过，尽管超过80%的人对未来感到正面，但仅有50%的受访者准备在未来两年内添置新厂房，显示出大体经济情况确实影响了投资者的投资能力。” 打算在未来购买厂房的受访者中，仅有14%表示会立即启用新厂房，至于大部分的受访者则表示会用于出租、未来使用或者看准未来的增值潜能。 另一有趣的发现是，65%受访者预料厂房售价会下滑10%至30%，仅有14%认为会继续升值，其余则不确定走向，以及认为价格将持稳。 事实上，大部分（79.

KUALA LUMPUR (Aug 12): The High Court has adjourned to Aug 19 the hearing of PetroSaudi Oil Services (Venezuela) Ltd (Incorporated in Barbados) (PSOSL)’s application to vary an interim order granted last month that blocked the movement of US4340.