News about MD

  KUALA LUMPUR (Jan 6): Jho Low, or Low Taek Jho, a fugitive linked to the 1Malaysia Development Bhd (1MDB) financial scandal said in an interview published today that he was merely an intermediary for 1MDB deals.

KUALA LUMPUR (January 6): Former Prime Minister Datuk Najib Abdul Razak will kick off the SRC International Sdn Bhd trial for the New Year by picking up from where the case left off in 2019, namely with Prosecution lawyer Datuk V.

KUALA LUMPUR (Jan 4): The Malaysian Digital Economy Corp (MDEC) is collaborating with Weibo to develop and implement a pilot Virtual City portal that will run on Weibo's social media platform to promote Malaysian products and services.

KUALA LUMPUR (Jan 3): The High Court here had today dismissed the Malaysian Anti-Corruption Commission's (MACC) application to forfeit K&Z Enterprise Sdn Bhd's money amounting to RM138,359.

KUALA LUMPUR (Jan 2): Former prime minister Datuk Seri Najib Abdul Razak wants a stay of proceedings in the misfeasance in public office suit filed by Damansara MP Tony Pua Kiam Wee in January 2017, in relation to the 1Malaysia Development Bhd (1MDB) fiasco.

KUALA LUMPUR (Dec 23): Property developer ASM Development (KL) Sdn Bhd (ASMDKL), a unit of Maju Holdings Sdn Bhd, has countersued Econpile Sdn Bhd, a subsidiary of Econpile Holdings Bhd, for almost RM346 million for its failure to carry out work at its Maju Kuala Lumpur project, in response to a suit filed by the construction contractor in March this year.

KUALA LUMPUR (Dec 19): Senior lawyer Datuk DP Naban from Lee Hishammuddin Allen and Gledhill will be appearing for the Inland Revenue Board (IRB) in its RM1.

KUALA LUMPUR (Dec 19): Datuk Seri Najib Abdul Razak admitted today that he may have signed the Minister of Finance Inc (MoF Inc) shareholders meeting minutes to have Article 117 included in SRC International Sdn Bhd's memorandum of articles of association (M&A).

KUALA LUMPUR (Dec 19): Former Prime Minister Datuk Seri Najib Abdul Razak said he had a 'sense' that there's money in his private account without checking his account balance when he wrote a cheque amounting to RM2.

KUALA LUMPUR (Dec 18): The prosecution in Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial showed yesterday that the former premier had ordered the appointment of directors to the company even before the board of its parent 1Malaysia Development Bhd (1MDB) had approved the proposal via a directors’ circular resolution (DCR).