News about international

KUALA LUMPUR (Dec 19): Datuk Seri Najib Abdul Razak admitted today that he may have signed the Minister of Finance Inc (MoF Inc) shareholders meeting minutes to have Article 117 included in SRC International Sdn Bhd's memorandum of articles of association (M&A).

KUALA LUMPUR (Dec 19): Former Prime Minister Datuk Seri Najib Abdul Razak said he had a 'sense' that there's money in his private account without checking his account balance when he wrote a cheque amounting to RM2.

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.