Seacera defaults on more loans
KUALA LUMPUR (Aug 28): Practice Note 17 (PN17) firm Seacera Group Bhd has defaulted on credit facilities amounting to RM12.
High Court allows NFC to amend defence, file counterclaim against govt in RM253.6m suit
KUALA LUMPUR (Aug 22): National Feedlot Corp Sdn Bhd (NFC), National Meatworks Sdn Bhd along with its chairman Datuk Mohd Salleh Ismail and seven others have today indicated that they want to amend their defence and also file a counterclaim against the Malaysian government for its suit filed against them over a RM250 million loan.
Matrix Concepts up 1.05% on growth optimism
KUALA LUMPUR (Aug 22): Matrix Concepts Holdings Bhd shares gained 1.
Five free indoor playgrounds in the Klang Valley
Though it may be good to have your kids spend some time outdoors for a bit of fresh air (when it is not hazy) and sunshine, we also know how unpredictable the Malaysian weather can be.
Efforts to track Jho Low, Nik Faisal yield no result since Interpol issued Red Notice in June 2018, High Court told
KUALA LUMPUR (Aug 13): Since the Interpol issued its Red Notice to arrest fugitives Low Taek Jho and Nik Faisal Ariff Kamil on June 11 last year, efforts to track down the duo has yielded no result, the High Court was told today.
Amcorp Properties JV to buy Shanghai office blocks for RM865m
KUALA LUMPUR (Aug 7): Amcorp Properties Bhd's (AMPROP) indirect wholly-owned subsidiary Amcorp Dynamic Ltd will acquire a 40% stake in Daning Partners Ltd for US$22.
Masteel's standalone credit profile vulnerable on steel prices fluctuations, MARC says
KUALA LUMPUR (Aug 6): Malaysia Steel Works (KL) Bhd's (Masteel) standalone credit profile remains vulnerable to fluctuations in steel price, fluctuating cost of raw materials and increased competitive pressures in the Malaysian market, according to Malaysian Rating Corp Bhd (MARC).
Sunway University expected to strengthen Sunway REIT’s earnings
Sunway Real Estate Investment Trust (Aug 1, RM1.
Umno president's multi-million ringgit immigration graft case to be heard in Shah Alam
KUALA LUMPUR (July 31): Umno president and former deputy prime minister Datuk Seri Ahmad Zahid Hamidi's (pictured) 40 charges of graft involving the immigration Department Visa system will be heard in Shah Alam instead.
Loan given out before govt guarantee issued as SRC needed second RM2b loan ‘urgently’
KUALA LUMPUR (July 9): A witness from the Ministry of Finance testified that he was asked to sign a letter on behalf of the ministry, ordering the Retirement Fund (Incorporated) (KWAP) to release a RM2 billion loan to SRC International Sdn Bhd months before a government guarantee was issued, as the company needed the funds urgently.
