News about ER

KUALA LUMPUR (Sept 18): Former premier Datuk Seri Najib Razak (caption) has asked for an early break in today's proceedings of the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial to seek treatment for his eyes following the worsening haze engulfing the country.

KUALA LUMPUR (Sept 18): The defence in Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial told the High Court here yesterday that fugitive financier Low Taek Jho had bandied about several big names as possible directors and trustees for the Terengganu Investment Authority (TIA) and its foundation.

PETALING JAYA (Sept 18): Matrix Concepts Holdings Berhad is venturing into the healthcare sector by signing a Management Agreement for operational management of the Pusat Hemodialysis Mawar’s (PHM) specialist hospital division, hemodialysis centre and clinics in Bandar Sri Sendayan, Negeri Sembilan.

KUALA LUMPUR (Sept 17): Macquarie Capital Securities (M) Sdn Bhd said today that it had cut its Kerjaya Prospek Group Bhd earnings per share (EPS) forecast by 18% for financial year ending Dec 31, 2019 (FY19) and 8% each for FY20 and FY21, in anticipation that the builder's property developer clients will extend project timelines to manage cash flow, amid the property market slowdown.

PETALING JAYA (Sept 17): The iconic chimneys of Battersea Power Station (BPS) in London, United Kingdom, was emblazoned with the flags of both Malaysia and the United Kingdom on Malaysia Day.

KUALA LUMPUR (Sept 17): Datuk Amhari Effendi Nazaruddin, one of the key prosecution witnesses in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial involving former premier Datuk Seri Najib Razak, initially disagreed that the Terengganu Investment Authority (TIA) was mooted by Terengganu's ruler Sultan Mizan Zainal Abidin's when he was the 13th Yang di-Pertuan Agong.

KUALA LUMPUR (Sept 17): Hong Leong Investment Bank Bhd said today Tenaga Nasional Bhd may face long-term earnings risk related to electricity pricing and take-up rate based on the auction mechanism under Malaysia's proposed 10-year masterplan to reform the power industry.

KUALA LUMPUR (Sept 17): Businessman Datuk Tan Eng Boon (pictured, centre) was fined RM1.

KUALA LUMPUR (Sept 17): RHB Research Institute Sdn Bhd said the government is unlikely to introduce new tax measures for Budget 2020.

JOHOR BARU (Sept 17): Johor Housing, Communication and Multimedia Committee chairman Dzulkefly Ahmad said the Federal Government should look into the benefits or disadvantages of a property expo for foreigners mooted by the Housing and Local Government Ministry before a final decision is made.