MSM sells Perlis land to F&N at 18% discount as it generates negligible revenues, saps finances
KUALA LUMPUR (Oct 9): Refined sugar producer MSM Malaysia Holdings Bhd, a 51% subsidiary of FGV Holdings Bhd, is selling a 4,453.
No lawyers on board of TIA after Christopher Lee left
KUALA LUMPUR (Oct 8): Datuk Shahrol Azral Ibrahim Halmi, former CEO of 1Malaysia Development Bhd (1MDB), told the court that there were no lawyers on the board of directors of Terengganu Investment Authority Bhd (TIA) after the resignation of lawyer Christopher Lee Sian Teik of Christopher Lee & Co.
Jho Low likely proposed 'finance novice' Shahrol to 1MDB as part of scam, High Court told
KUALA LUMPUR (Oct 8): "There is a possibility" that Datuk Shahrol Azral Ibrahim Halmi was recommended by Low Taek Jho (Jho Low) to helm 1Malaysia Development Bhd (1MDB) despite his lack of experience in finance, as part of the plan by the fugitive businessman to conduct the alleged misappropriation of funds.
Phase 1 of M Oscar fully taken-up at launch
KUALA LUMPUR (Oct 8): Some 200 units from Phase 1 of M Oscar, Mah Sing Group Bhd’s new high-rise residential project were fully sold out over its launch weekend on Oct 5 and 6.
Shahrol denies receiving US$1m from ex-Goldman banker Tim Leissner
KUALA LUMPUR (Oct 7): Datuk Shahrol Azral Ibrahim Halmi, former CEO of 1Malaysia Development Bhd (1MDB), has denied receiving US$1 million from former Goldman Sachs banker Tim Leissner in relation to the issuance of the US$1.
1MDB-Tanore trial: Shahrol another recipient of Jho Low's BlackBerry
KUALA LUMPUR (Oct 7): Just like ex-premier Datuk Seri Najib Razak's former special officer Datuk Amhari Efendi Nazaruddin, former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) also was gifted BlackBerry phones by fugitive businessman Low Taek Jho (Jho Low) to discuss 1MDB matters outside of the official channels, the High Court heard today.
1MDB Energy IPO could have gone well if not for the negative publicity, says Shahrol
KUALA LUMPUR (Oct 7): Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi said the initial public offering (IPO) of 1MDB Energy in 2015 could have been successful, if not for the negative publicity spread by the Opposition at the time.
Jho Low's role in 1MDB kept hidden to protect Najib: Shahrol
KUALA LUMPUR (Oct 7): The involvement of fugitive financier Low Taek Jho (Jho Low) in 1Malaysia Development Bhd (1MDB) had to be kept under wraps, as there were people within Umno who were unhappy with his direct access to Datuk Seri Najib Razak (pictured), the High Court was told.
Ex-1MDB CEO agrees that TIA was not Najib's idea
KUALA LUMPUR (Oct 7): Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi concedes before the High Court today that the beleaguered state-owned fund was not the ‘baby’ of Datuk Seri Najib Razak as its inception was not mooted by the former prime minister.
Shahrol: I wouldn't blame Najib for trusting Jho Low
KUALA LUMPUR (Oct 7): Datuk Shahrol Azral Ibrahim Halmi, former CEO of Terengganu Investment Authority Bhd (TIA) and then 1Malaysia Development Bhd (1MDB), agreed with the defence’s suggestion that he does not blame former prime minister Datuk Seri Najib Razak for trusting fugitive financier Low Taek Jho and Casey Tang Keng Chee, which was former 1MDB executive director of business development.
