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Tony Tiah’s unconditional mandatory takeover offer on TA Enterprise deemed not fair but reasonable
KUALA LUMPUR (Jan 14): The unconditional mandatory takeover offer on TA Enterprise Bhd (TAE) by major shareholder Datuk Tony Tiah Thee Kian (pictured) is viewed as unfair, but reasonable, and shareholders urged to accept the offer.
Khairy explains Malaysia's vaccine procurement process, delivery schedule
KUALA LUMPUR (Jan 14): As two of Malaysia's closest neighbours, Singapore and Indonesia, kicked off their vaccination programmes, Malaysia's Science, Technology and Innovation Minister Khairy Jamaluddin wrote a blog post to give an update on what Malaysia's vaccine procurement process is like — why it is not slow in getting its vaccines — and the delivery schedule that Malaysians can expect.
Ex-Umno man Lokman fails in appeal to set aside leave for contempt proceedings
PUTRAJAYA (Jan 14): The Federal Court has today dismissed an appeal by former Umno supreme council member Datuk Lokman Nor Adam (pictured) to set aside the High Court's decision granting leave to initiate contempt proceedings against him.
UEM Sunrise terminates all merger discussions with EcoWorld
KUALA LUMPUR (Jan 13): UEM Sunrise Bhdhas ended all discussions on the proposed merger with Eco World Development Group, following EcoWorld’s earlier announcement on calling off the proposed merger deal.
EcoWorld calls off proposed merger with UEM Sunrise
PETALING JAYA (Jan 13): After more than three months of discussions, Eco World Development Group Bhd has decided not to pursue the proposed merger further with UEM Sunrise Bhd, said the company chairman Tan Sri Liew Kee Sin (pictured).
King’s emergency declaration constitutional but can be challenged if there is evidence of bad faith, says Sri Ram
KUALA LUMPUR (Jan 13): Malaysia’s emergency declaration by Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah is constitutional as the government said the move is needed due to the Covid-19 pandemic and flood situation, and because the facts relied upon by the government fall within the ambit of Article 150 of the Federal Constitution, said former Federal Court judge Datuk Seri Gopal Sri Ram (pictured).
Here is MITI's list of essential businesses
KUALA LUMPUR (Jan 12): The Ministry of International Trade and Industry (MITI) has released a list of essential services that are allowed to operate during the enforcement of the Movement Control Order (MCO) effective 12.
PM: Proclamation of emergency is not military coup, civilian govt still in place
KUALA LUMPUR (Jan 12): The proclamation of state of emergency by the King earlier this morning does not entail a military coup and the civilian government will continue to function, according to Prime Minister Tan Sri Muhyiddin Yassin (pictured).
These are the sectors that will be affected by MCO 2.0, according to CGS-CIMB
KUALA LUMPUR (Jan 12): CGS-CIMB expects the second round of movement control order (MCO 2.
