News about MD

KUALA LUMPUR (Nov 1): A judgment in default has been entered against SRC International Sdn Bhd's former CEO Nik Faisal Ariff Kamil, who is reported to be at large, in the company's US$1.

KUALA LUMPUR (Oct 29): A total of RM18.

KUALA LUMPUR (Oct 26): Three judges of the High Court on Tuesday (Oct 26) allowed former prime minister Datuk Seri Najib Razak’s amended period for the temporary release of his passport to accompany and support his daughter in Singapore, who is expected to give birth soon.

KUALA LUMPUR (Oct 22): The hearing of the government’s forfeiture of US$340 million which allegedly belongs to 1Malaysia Development Bhd (1MDB) from Saudi national Tarek Obaid and others is set to continue in December after UK law firm Clyde & Co LLP, which is named in the suit, declined to respond to and file affidavits on documents it was served.

KUALA LUMPUR (Oct 20): The 1Malaysia Development Bhd (1MDB) audit report was the only special audit report which Datuk Seri Najib Razak requested to see and amend prior to its presentation to the Public Accounts Committee (PAC) during his tenure as prime minister.

KUALA LUMPUR (Oct 11): The High Court will hear SRC International Sdn Bhd’s application to amend the writ in its RM16 million suit against Umno on Nov 10, the same day it will hear the party’s application to strike out the suit.

KUALA LUMPUR (Oct 6): 1Malaysia Development Bhd (1MDB) and its four subsidiaries received court approval on Wednesday to serve papers on fugitive financier Low Taek Jho (Jho Low) and five others by way of substituted service in a US$3.

KUALA LUMPUR (Sept 30): The iconic clothing retailer Kamdar Group (M) Bhd has closed its Jalan Tuanku Abdul Rahman outlet in Kuala Lumpur with effect from Thursday to consolidate the business of two branches situated within close proximity.

KUALA LUMPUR (Sept 29): Fugitive financier Low Taek Jho (pictured), better known as Jho Low, attended a 1Malaysia Development Bhd (1MDB) special board meeting in 2009, although he was not a board member, the High Court was told on Wednesday.

KUALA LUMPUR (Sept 23): Trial dates for ex-prime minister Datuk Seri Najib Razak’s three money laundering charges involving RM27 million in SRC International Sdn Bhd will be decided after a decision is made on his conviction and sentencing appeal involving the same company.