Ex-1MDB project builder IWH considers IPO for as early as 2020
KUALA LUMPUR (Dec 3): Iskandar Waterfront Holdings Sdn Bhd (IWH) is considering an initial public offering as early as next year, Bloomberg reported today.
Najib denies knowing about SRC's RM3.95b loan application from KWAP
KUALA LUMPUR (Dec 3): Former SRC International Sdn Bhd adviser emeritus Datuk Seri Najib Abdul Razak claimed today that he had no knowledge of the company's plan to apply for a RM3.
Najib's defence pins blame for 1MDB, SRC debacles on Jho Low and four mystery Arabs
KUALA LUMPUR (Dec 3): Former premier Datuk Seri Najib Abdul Razak's defence team has put the entire blame for the purported losses on 1Malaysia Development Bhd (1MDB) and its former subsidiary SRC International Sdn Bhd on fugitive businessman Low Taek Jho — who is better known as Jho Low — and four mysterious Arabs.
Najib: Jho Low a 'close acquaintance' of former Agong
KUALA LUMPUR (Dec 3): Former Prime Minister Datuk Seri Najib Abdul Razak told the High Court that fugitive businessman Low Taek Jho (Jho Low) was a close acquaintance (kenalan rapat) of Terengganu Sultan Mizan Zainal Abidin and his sister Tengku Datuk Rahimah Sultan Mahmud.
Credit card records reveal Ahmad Zahid and wife’s luxurious lifestyle
Five biggest transactions on credit cards belonging to Zahid Hamidi and Hamidah Khamis Credit card number Date Transaction detail Amount (RM) 5498 4442 0000 1095 Jan 2, 2015 The Address Dubai Mall, Dubai 175,011.
Shafee's opening statement in the defence case of Najib's SRC trial
The following is Tan Sri Muhamad Shafee Abdullah's opening statement in the defence case of Najib's SRC trial, reproduced in full.
Najib opts to take witness stand, will be subject to cross-examination
KUALA LUMPUR (Dec 3): Former Prime Minister Datuk Seri Najib Abdul Razak has opted to make a sworn statement at the witness stand to present his side of the story on the alleged misappropriation of RM42 million in former 1Malaysia Development Bhd (1MDB) unit SRC International Sdn Bhd.
Crest Builder buys 2.6ha land in Klang from WCT for RM55m
KUALA LUMPUR (Dec 3): Crest Builder Holdings Bhd is buying a 2.
Malaysia may see an ex-PM on the witness stand for the first time tomorrow
KUALA LUMPUR (Dec 2): For the first time in Malaysian history, a former prime minister may take the stand tomorrow to defend himself and prove his innocence in a court of law.
Construction companies looking at stable concession income
PETALING JAYA (Nov 30): A reduction in infrastructure and property development jobs has a few construction companies looking at concession-type work which involves the building of specific facilities for the government, which then leases the facilities from the builders for a fixed term, The Edge reported today.
