News by M

Umno Youth worried that institutions like Tabung Haji being used to rescue 1MDB

EcoWorld will be issuing 394,044,000 new shares, representing about 20% of its issued and paid-up share capital, pursuant to the book-building exercise

The purchase was first leaked online two days ago and it took Tabung Haji one day to confirm the purchase, deny another purchase and also lodge a police report that its internal papers have been unlawfully published

Two months ago, Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah confirmed giving 1MDB RM950 million as standby credit for it to service its RM42 billion debt

ABIM lodged a police report in Gombak urging police to investigate the land deal between Tabung Haji and 1MDB

LTH yesterday confirmed that it had bought a parcel of land from 1MDB's Tun Razak Exchange project in the Kuala Lumpur city centre for RM188.5 million, which it claimed was a “discounted" price

It is understood that police have a few options in the investigation. The case can be investigated under the Official Secrets Act or Multimedia Act.

Powerful new portal theedgeproperty.com launches with 10 partners

1MDB has attracted controversy as it sits on a sizeable debt of around RM42 billion, and the government has admitted that the state-owned investment arm is facing cash-flow problems

East Coast Mall expected to have an attractive tenant mix of fashion, lifestyle and food and beverage shops