Deputy minister refutes Rafizi’s claim about Felda’s London assets

KUALA LUMPUR (Oct 25): Deputy Minister in the Prime Minister’s Department Datuk Razali Ibrahim has denied opposition lawmaker Mohd Rafizi Ramli’s claim that a Felda Investment Corp Sdn Bhd (FIC) subsidiary was registered on the very day the lawmaker “revealed” that the firm does not own its hotels in London.

READ MORE

Syed Mohamed is now Encorp chairman

KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.

READ MORE

MACC probing third FIC hotel

KUALA LUMPUR (Aug 18): The Malaysian Anti-Corruption Commission (MACC) is now probing a third hotel deal made by a Felda unit back in 2012, The New Straits Times (NST) reported today.

READ MORE

Higher Battersea cost due to building envelope

KUALA LUMPUR (Aug 18): S P Setia Bhd has confirmed that the second phase of the Battersea Power Station project in London has seen rising construction costs due to a push-up for the building envelope, changes in design and inflation.

READ MORE

Isa Samad remanded for five days over MACC investigation

PUTRAJAYA (Aug 16): Former Felda chairman Tan Sri Mohd Isa Abdul Samad (pictured) was remanded for five days from today to assist the Malaysian Anti-Corruption Commission (MACC) in its probe into the purchase of a posh hotel by Felda Investment Corp (FIC) in Kensington, London, between 2014 and 2015, Bernama reported today.

READ MORE