AmBank files petition to wind up Ireka Corp
In a filing to Bursa Malaysia, Ireka said it has received the winding-up petition on Jan 8 served by AmBank via its solicitors, Messrs Heiley Hassan, Tan & Partners.
Avaland and AmBank form strategic partnership to fund RM129.8 mil green financing for Alora Residences
The financial institution also offers up to RM54 million end financing for Alora Residences SUBANG JAYA (Oct 18): AmBank has inked green financing facilities with Avaland Bhd valued at RM129.
AmBank sees more demand for green financing in FY23
AmBank entered into a RM100 million green financing facility with Kerjaya Prospek Property for the development of the Courtyard by Marriot Hotel in Bloomsvale, an upcoming mixed development along Old Klang Road.
Govt receives first RM1.8b 1MDB payment from AmBank, says MoF
KUALA LUMPUR (July 2): The Ministry of Finance (MoF) said the government had received the first payment from AMMB Holdings Bhd (AmBank) of RM1.
Najib's second SRC trial deferred by nine months to March next year
KUALA LUMPUR (May 6): Datuk Seri Najib Razak's (pictured) second SRC International Sdn Bhd trial for three money laundering charges involving RM27 million, scheduled in July, has been shelved until March next year.
1MDB asset forfeiture: Lawyer says no evidence linking money in Najib’s AmBank accounts to properties seized from residence
KUALA LUMPUR (April 23): Former prime minister Datuk Seri Najib Razak’s (pictured) lawyer Tania Scivetti said today the prosecution’s asset forfeiture action against Najib must be dismissed because there is no evidence that the seized properties from his residence along Jalan Langgak Duta were linked to alleged 1Malaysia Development Bhd (1MDB)-related money in his AmBank accounts.
Defence raises questions about former YR1M CEO's credibility and quizzes court to call Najib for defence
PUTRAJAYA (April 7): The defence for Datuk Seri Najib Razak today raised questions regarding the credibility of former Yayasan Rakyat 1Malaysia (YR1M) chief executive officer (CEO), Ung Su Ling (pictured), who had earlier claimed that the directions to transfer the disputed sum of RM42 million of SRC International Sdn Bhd funds came from the former premier's principal private secretary, the late Datuk Azlin Alias.
Prosecution says the RM31m it is seeking to forfeit, including RM10m from Najib and family, is from 1MDB
KUALA LUMPUR (March 26): The prosecution, who is seeking to forfeit over RM10 million worth of assets from Datuk Seri Najib Razak (pictured) and his family, told the court today that these — together with some RM21 million they are seeking to seize from 13 other individuals — are from 1Malaysia Development Bhd (1MDB).
AmBank's RM2.83b settlement to govt on 1MDB matters negotiated in just 'a few days', bank tells analysts
KUALA LUMPUR (March 2): AMMB Holdings Bhd (AmBank) was only given "a few days" to negotiate the recently announced RM2.
Pua urges MoF to focus on claims against former 1MDB auditors after settlement with AmBank
KUALA LUMPUR (March 1): DAP’s Tony Pua has lauded the Ministry of Finance (MoF) for completing the RM2.
