News about M

KUALA LUMPUR (July 16): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) admitted today that there was no written approval by former prime minister and 1MDB advisory board chairman Datuk Seri Najib Razak for the state fund to offer Aabar Investment PJS Ltd (Aabar BVI) a call option to hold a 49% stake in its power assets.

KUALA LUMPUR (July 16): Three new Covid-19 cases were reported by the Ministry of Health today, raising the total number of infected patients nationwide slightly to 8,737 with 77 active cases.

Rented for: RM10,000 (RM2.

KUALA LUMPUR (July 16): Industrialised Building System (IBS) precast manufacturer MGB Bhd (formerly known as ML Global Bhd) has secured an RM215 million contract from its major shareholder LBS Bina Group Bhd's subsidiary to deliver the piling and building works for a housing development project in Kuala Selangor.

KUALA LUMPUR (July 15): In hindsight, former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) had conceded that Goldman Sachs' investment banking head in Southeast Asia Tim Leissner and his team had misled the investment fund’s board of directors with regard to the RM10.

KUALA LUMPUR (July 15): Datuk Seri Najib Razak's lawyer today accused former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) of receiving kickbacks from Goldman Sachs for arranging the bank to be the financial adviser for 1MDB's RM10.

KUALA LUMPUR (July 15): The bilateral negotiations for the Rapid Transit System (RTS) linking Johor Bahru and Singapore will be concluded this week, according to Transport Minister Datuk Seri Wee Ka Siong (pictured).

KUALA LUMPUR (July 14): DBE Gurney Resources Bhd, soon to be known as Lagenda Properties Bhd, will be significantly scaling up its affordable housing development arm by acquiring the developer of two housing projects.

KUALA LUMPUR (July 11): The Ministry of Health (MoH) reported eight new Covid-19 cases and one fatality in the country as at noon today.

KUALA LUMPUR (July 11): The High Court yesterday dismissed businessman Deepak Jaikishan's application for an interim injunction to bar Boustead Holdings Bhd and five others from engaging in any dealings concerning three plots of land measuring 223 acres in Kapar and Bukit Raja, Selangor.