TSR Capital starts arbitration proceedings against YTL
TSR Capital said SPYTL had wrongfully terminated the subcontract awarded to its wholly-owned subsidiary TSR Bina Sdn Bhd.
Shahrol: Najib pushed on with bonds issuance despite opposition by Yang di-Pertuan Agong
The witness said Mizan seemed angry and mentioned an “unsavoury character”, although Shahrol did not know who he was referring to.
Shahrol: Don’t blame 1MDB directors for loss-making investments
The witness said this was because all big decisions, including those pertaining to investments, required the approval of Datuk Seri Najib Abdul Razak.
Gaming tycoon Chen Lip Keong to take Karambunai private
He is also offering three sen apiece for the remaining 523.5 million warrants — 51.57% of the outstanding warrants he does not hold.
Will Chinese businessman be Bertam’s white knight?
Bertam said the MoU allows the two parties to negotiate exclusively for at least six months and sets out the parties' understanding and intention in respect of the proposed regularisation plan.
UEM Sunrise says it did not make or receive any corporate proposal for EcoWorld
“We wish to clarify that the board of directors has not made nor received any corporate proposal as reported in the media from any party for its consideration.”
Minority shareholders block Lafarge Malaysia’s RM3.5b RPTs with YTL
Only 23.96%, representing 22.07 million shares, voted in favour of the resolution, while 76.04% or 70.03 million shares voted against it.
Keeping fingers crossed for measures to spur property market
Industry players are pleading for a further one-year extension of the Home Ownership Campaign (HOC). This is top on the wish list of most developers for Budget 2020.
Green light for TNB’s entry into broadband
Communications and Multimedia Minister Gobind Singh Deo said TNB’s pioneer broadband project in Jasin, Melaka, which was completed in January with the provision of high-speed broadband (HSBB) access to 1,100 homes, has produced results.