Shahrol explains why 1MDB called repatriation of US$1.83b from 1MDB-PSI JV 'Project PITA'
KUALA LUMPUR (May 21): An internal memo among the board and management of 1Malaysia Development Bhd (1MDB) referred to the repatriation of US$1.
Miami-Dade commissioners want to reduce US$59m yearly tab for Miami-South Beach monorail link
KUALA LUMPUR (May 21): Miami-Dade commissioners have warned that they wanted a final plan for a cheaper price tag than the current US$59 million yearly tab for the Miami-South Beach monorail system, according to the Miami Herald.
Sunway REIT to feel full impact of Covid-19 in 4Q
KUALA LUMPUR (May 20): After reporting lower earnings in its third quarter, analysts are expecting Sunway Real Estate Investment Trust's (Sunway REIT) fourth quarter to be weaker as it registers a full quarter’s impact from the Covid-19 outbreak as well as extended Movement Control Order (MCO).
1MDB-Tanore trial: Defence, prosecution appears frustrated as judge maintains only three lawyers allowed
KUALA LUMPUR (May 20): Both the prosecution and defence in former prime minister Datuk Seri Najib Abdul Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial appeared frustrated today, as High Court judge Collin Lawrence Sequerah refused their request to have more lawyers during the proceedings.
Sunway REIT 3Q NPI slips 9% as Covid-19 hits malls, hotel
KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (REIT) net property income (NPI) slid by 9% to RM103.
Shahrol denies change of 1MDB auditor was to sweep 'everything under the carpet'
KUALA LUMPUR (May 20): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi denied that he swept "everything under the carpet" by changing the external auditor which declined to sign off the accounts.
Covid-19: After videos of errant shoppers go viral, NSC sets new SOPs for retailers
KUALA LUMPUR (May 19): The National Security Council has developed a new set of standard operating procedures (SOPs) for retailers to form guidelines for their operations after videos of shoppers flouting practices prescribed by the Ministry of Health (MoH) to prevent Covid-19 infections went viral.
Ku Nan's defence trial to resume on June 29
KUALA LUMPUR (May 19): The defence trial of former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor (pictured), who is charged with receiving bribe of RM2 million from a businessman, will resume on June 29.
Riza Aziz to be called as prosecution witness in 1MDB trial
KUALA LUMPUR (May 19): The prosecution in the 1Malaysia Development Bhd (1MDB)-Tanore trial told the High Court today that they intend to call Riza Aziz as a witness as he is ready to give evidence.
Khalid explains appointment of aide to DBKL advisory board
KUALA LUMPUR (May 19): Former federal territories minister Khalid Samad has explained the appointment of his former political secretary to the advisory board of Kuala Lumpur City Hall (DBKL) in a Free Malaysia Today report yesterday.
