News about IT

KUALA LUMPUR (Dec 10): Datuk Seri Najib Abdul Razak has filed a suit against AmBank Islamic Bhd, AMMB Holdings Bhd and AmBank relationship manager Joanna Yu Ging Ping in relation to the accounts under the former premier's name, which were utilised for the purpose of diverting funds from SRC International Sdn Bhd.

KUALA LUMPUR (Dec 10): Qatar Investment Authority (QIA) has sold 74 million units in Pavilion Real Estate Investment Trust (REIT) for RM125.

  KUALA LUMPUR (Dec 10): Shareholders of TSR Capital Bhd gave the nod for the related-party disposal of 70% in its 17-storey flagship Menara TSR to a company linked to its deputy executive chairman Tan Sri Lim Kang Yew.

KUALA LUMPUR (Dec 10): Former premier Datuk Seri Najib Abdul Razak today explained, on the witness stand at the High Court, that his close to a half million ringgit Chanel watch purchase for his wife Datin Seri Rosmah Mansor was for her birthday and as a means to make up for cutting short their family holiday in Honolulu in the United States.

KUALA LUMPUR (Dec 9): Former premier Datuk Seri Najib Abdul Razak said he was shocked to learn that fugitive financier Low Taek Jho — better known as Jho Low — was dealing with AmBank on the management of his personal accounts.

KUALA LUMPUR (Dec 9): Former premier Datuk Seri Najib Abdul Razak told the High Court today that his principal private secretary, the late Datuk Azlin Alias, informed him in 2014 that he would receive further donations in foreign funds from Saudi Arabia's King Abdullah in addition to US$800 million purportedly gifted by the monarch in early 2013.

KUALA LUMPUR (Dec 9): Datuk Seri Najib Abdul Razak today denied that he had abused his power as a civil servant, regarding the two government guarantees (GGs) given to SRC International Sdn Bhd on Aug 17, 2011 and Feb 8, 2012 by the Cabinet.

KUALA LUMPUR (Dec 9): Axis Real Estate Investment Trust (REIT) is in talks with several parties on buying more assets, a clear indication that it does not intend to slow down in its acquisition spree.

BATU PAHAT (Dec 7): A 41-year-old computer shop technician here has been slapped with more than RM47,000 worth of unpaid electricity bills and he has no idea how he used up so much power.

PETALING JAYA (Dec 7): There will be a three-phase traffic light system implemented at the Jalan Othman-Jalan Templer here for a one-month trial from Dec 23 to Jan 24 to reduce congestion, reported The Star.