News about ER

KUALA LUMPUR (July 15): In hindsight, former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) had conceded that Goldman Sachs' investment banking head in Southeast Asia Tim Leissner and his team had misled the investment fund’s board of directors with regard to the RM10.

KUALA LUMPUR (July 15): Gagasan Nadi Cergas Bhd’s indirectly-owned unit has bagged an RM40.

KUALA LUMPUR (July 15): Unlike on previous occasions, former Prime Minister Datuk Seri Najib Razak’s request today for a shorter hearing against him tomorrow to allow him to attend Parliament was rejected by the judge.

KUALA LUMPUR (July 15): Datuk Seri Najib Razak's lawyer today accused former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) of receiving kickbacks from Goldman Sachs for arranging the bank to be the financial adviser for 1MDB's RM10.

KUALA LUMPUR (July 15): Jepak Holdings Sdn Bhd consultant Rayyan Radzwill Abdullah (pictured) confirmed in court today that he witnessed two black bags of cash purportedly containing RM1.

KUALA LUMPUR (July 15): The bilateral negotiations for the Rapid Transit System (RTS) linking Johor Bahru and Singapore will be concluded this week, according to Transport Minister Datuk Seri Wee Ka Siong (pictured).

KUALA LUMPUR (July 15): Berjaya Media Bhd (BMedia) will be delisted from the Main Market of Bursa Malaysia on Friday after Bursa Securities dismissed its appeal for an extension of time to submit its regularisation plan.

KUALA LUMPUR (July 14): Datuk Rizal Mansor, a former aide to Datin Seri Rosmah Mansor, had asked for a 15% “contribution” from Jepak Holdings Sdn Bhd on behalf of the former prime minister’s wife for helping the company to secure a RM1.

KUALA LUMPUR (July 14): Hong Leong Investment Bank Bhd (HLIB) has downgraded the Malaysian real estate investment trust (M-REIT) sector to neutral from overweight as the Covid-19 pandemic impairs REIT earnings across most assets.

KUALA LUMPUR (July 14): DBE Gurney Resources Bhd, soon to be known as Lagenda Properties Bhd, will be significantly scaling up its affordable housing development arm by acquiring the developer of two housing projects.