News about international

KUALA LUMPUR (Oct 30): PetroSaudi International Ltd (PSI) chief executive and co-founder Tarek Obaid received an US$85 million (about RM356 million) commission as a result of the company's joint venture (JV) deal with 1Malaysia Development Bhd (1MDB).

PETALING JAYA (Oct 30): Oriental Fastech Manufacturing Sdn Bhd (OFM) yesterday accepted the letter of offer to acquire Penang Science Park from Penang Development Corp (PDC) for RM24.

KUALA LUMPUR (Oct 30): The government will have to forked out RM13.

KUALA LUMPUR (Oct 30): The diversion of US$700 million to Good Star Ltd — a company linked to fugitive businessman Low Taek Jho — instead of the joint venture company set up between 1 Malaysia Development Bhd (1MDB) and PetroSaudi International Ltd (PSI), was apparently known to former prime minister Datuk Seri Najib Abdul Razak, said a former 1MDB chief executive.

KUALA LUMPUR (Oct 29): Nobody on the board of 1Malaysia Development Bhd (1MDB) attempted to verify the ownership of Good Star Ltd after US$700 million was transferred into its accounts, instead of those of its purported parent PetroSaudi International Ltd (PSI), in September 2009.

KUALA LUMPUR (Oct 29): 1Malaysia Development Bhd (1MDB) former chief executive officer Datuk Shahrol Azral Ibrahim Halmi admitted today that he was the person referred to as "1MDB Officer 2" in 1MDB-linked lawsuits filed by the US Department of Justice (DoJ) in 2016.

KUALA LUMPUR (Oct 26): Thailand-based Minor Hotel Group (MHG) is already considering building a hotel in the city even as it is set to open the Anantara Desaru Coast Resort & Villas in Johor on Dec 1, reported The Edge Malaysia.

PETALING JAYA (Oct 25): A study by the International Persistent Organic Pollutants Elimination Network (Ipen) and the Consumer Association of Penang (CAP) found that playgrounds in Penang contain dangerously high levels of lead, Malaysiakini reported today.

PETALING JAYA (Oct 25): The scale of the ongoing fallout from the 1MDB scandal has pushed Goldman Sachs Group Inc.

KUALA LUMPUR (Oct 24): Datuk Shahrol Azral Ibrahim Halmi, former CEO of scandal-clad 1Malaysia Development Bhd (1MDB), told the High Court today he had truly believed what Datuk Seri Najib Abdul Razak was doing was for the best interest of the country.