MUI gets term-loan facilities totalling RM539m
KUALA LUMPUR (March 4): Malayan United Industries Bhd (MUI) has secured two term-loan facilities totalling £100 million (RM539.
OPR down to 2.5% for first time in a decade
KUALA LUMPUR: As the COVID-19 outbreak continues to grow, Bank Negara Malaysia (BNM) yesterday announced another cut of 25 basis points (bps) in the overnight policy rate (OPR), marking the first time in 10 years that the rate has been reduced to 2.
Dr M rejects Muhyiddin’s claim that country's crisis started when the former resigned as PM
KUALA LUMPUR (March 3): Tun Dr Mahathir Mohamad has denied Prime Minister Tan Sri Muhyiddin Yassin’s claim that the political crisis in the country started when the former resigned as prime minister.
Jho Low denied knowing anything about Najib’s Ambank account
KUALA LUMPUR (March 3): Fugitive businessman Low Taek Jho (Jho Low) had in 2015 declared that he had nothing to do with former prime minister Datuk Seri Najib Abdul Razak’s bank accounts.
Jho Low associate claims unaware of RM32m recipient identity
KUALA LUMPUR (March 3): Former Putrajaya Perdana Bhd (PPB) group executive director Jerome Lee Tak Loong said he did not know who received two cash transfers totalling RM32 million paid from the company’s accounts in 2014.
Eric Tan claims he does not know beneficiary of US$681m ‘donation’
KUALA LUMPUR (March 3): Eric Tan Kim Loong, a confidante of Low Taek Jho (Jho Low), claimed he does not know who the recipients of the infamous US$681 million (RM2.
Parliament to reconvene on May 18
KUALA LUMPUR (March 4): The first Parliament meeting for the year that was slated to begin on March 9 will now reconvene on May 18, said Speaker Tan Sri Mohamad Ariff Md Yusof.
Paramount to launch projects worth RM1.2b in 2020, targets RM1b sales
KUALA LUMPUR (March 3): Paramount Corporation Bhd is planning to launch some RM1.
MACC allowed for pre-prepared witness statement from Jho Low associate Eric Tan
KUALA LUMPUR (March 3): A Malaysian Anti-Corruption Commission (MACC) investigating officer testified in court today that during its 2015 probe into the 1Malaysia Development Bhd (1MDB) scandal, the commission accepted a pre-prepared witness statement from fugitive Eric Tan Kim Loong instead of questioning him.
CapitaLand, CMMT introduce support measures for retailers in Malaysia
KUALA LUMPUR (March 2): Singapore-based CapitaLand Ltd and its sponsored Malaysian-listed real estate investment trust, CapitaLand Malaysia Mall Trust (CMMT), today announced a series of support measures for retail partners across all seven CapitaLand malls in Malaysia.
