News about international

KUALA LUMPUR (Dec 19): Former premier Datuk Seri Najib Razak's (pictured) application to call a foreign expert to examine the documents bearing his signature in the SRC International Sdn Bhd trial will be heard on Jan 7 by the High Court.

KUALA LUMPUR (Dec 18): The prosecution in Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial showed yesterday that the former premier had ordered the appointment of directors to the company even before the board of its parent 1Malaysia Development Bhd (1MDB) had approved the proposal via a directors’ circular resolution (DCR).

KUALA LUMPUR (Dec 18): Former prime minister Datuk Seri Najib Abdul Razak backtracked on his previous claim that his signatures in several documents related to 1Malaysia Development Bhd's (1MDB) former subsidiary SRC International Sdn Bhd were forged and manipulated, admitting today that he could not confirm whether the signatures on the documents were his or not.

PETALING JAYA (Dec 18): The US Securities and Exchange Commission (SEC) named former prime minister Datuk Seri Najib Abdul Razak as a recipient of kickbacks from bonds raised by former Goldman Sachs executive Tim Leissner for 1MDB, Malaysiakini reported today.

KUALA LUMPUR (Dec 18): The High Court here today has vacated the January and February trial dates of Datuk Seri Najib Abdul Razak and former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah's International Petroleum International Corp (IPIC) case.

KUALA LUMPUR (Dec 17): AmBank Islamic Bhd and former relationship manager Joanna Yu Ging Ping have until Jan 31, 2020 to file their defence against the civil suit by former prime minister Datuk Seri Najib Razak.

Eco World International Bhd (Dec 13, RM1) Downgrade to hold with a higher target price (TP) of RM1.

KUALA LUMPUR (Dec 16): The Selangor International Furniture City (SIFC), which is in the midst of getting a development order from the government, is seen as a major catalyst to level up the industry in 2022 when the furniture hub is expected to be completed.

KUALA LUMPUR (Dec 13): Former Prime Minister Datuk Seri Najib Abdul Razak got the nod from the High Court today to inspect 17,000 documents given by whistleblower and former PetroSaudi International Ltd (PSI) executive Xavier Justo to the authorities in the 1Malaysia Development Bhd (1MDB)-Tanore case.

KUALA LUMPUR (Dec 12): After achieving its strongest financial showing in its financial year ended Oct 31, 2019 (FY2019), Eco World Development Group Bhd (EcoWorld Malaysia) believes the best is yet to come for the company.