News about ER

China Evergrande Group is China’s second-largest property developer, who are also know for investments into football clubs and spring-water companies,  has declared that they can be the biggest electric vehicle manufacturer in the world within three to five years.

  KUALA LUMPUR (March 20): Businessman Tan Sri Wan Azmi Wan Hamzah has re-emerged as a substantial shareholder of property developer Eastern & Oriental Bhd (E&O) with a 9.

  KUALA LUMPUR (March 20): While expectations were high after the 14th general election on May 9, 2018, Prime Minister Tun Dr Mahathir Mohamad highlighted that most of the administration’s efforts for the past year have been to “plug the almost bottomless pit created by the 1Malaysia Development Bhd (1MDB)” scandal.

KUALA LUMPUR (March 19): The name Highland Towers will be retained even after the land is redeveloped, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (March 19): CapitaLand Commercial Trust, Singapore’s biggest office landlord, is among suitors pursuing a potential acquisition of the Duo office and retail development in the lion city, according to sources with knowledge of the matter.

KUALA LUMPUR (March 19): Ex-Goldman Sachs banker linked to the 1Malaysia Development Bhd scandal, Roger Ng, is attempting a second bite of the cherry by appealing at the High Court for bail be granted before his extradition to the United States.

PUTRAJAYA (March 18): Attorney General Tommy Thomas denied that there was a breach of natural justice on former premier Datuk Seri Najib Abdul Razak, as claimed by his lead counsel in the SRC International Sdn Bhd case.

KUALA LUMPUR (March 18): The Attorney General's Chambers (AGC) today denied that it did not have any documents prior to its decision to charge the ex-Goldman Sachs banker linked to 1 Malaysia Development Bhd (1MDB) scandal, Roger Ng.

PUTRAJAYA (March 18): A police officer had to wake ex-premier Datuk Seri Najib Abdul Razak (pictured) after he was seen sleeping in front of a three-member Court of Appeal bench during the hearing of his appeal that is linked to the charges he faces involving funds from SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd.

KUALA LUMPUR (March 16): Pestech International Bhd has inked a Memorandum of Understanding (MoU) with a Japanese renewable energy power plant developer for a potential joint investment in the bidding for the Large Scale Solar Photovoltaic Plants for Peninsula Malaysia (LSS 3 Project) According to a bourse filing, the group’s wholly-owned subsidiary Pestech Power Sdn Bhd (PPW) inked the MoU with Japanese outfit RS Renewable KK (RSRKK), which is effective yesterday until legally binding contracts have been executed.