Matrix Concepts FY2021 net profit rises 9.5% yoy
SEREMBAN (May 25): Property developer Matrix Concepts Holdings Bhd has recorded a net profit of RM259.
Najib was in on Jho Low's plan when 1MDB raised US$3b in bonds for a sham JV with Abu Dhabi, court told
KUALA LUMPUR (May 17): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abd Rahman told the court today that former prime minister Datuk Seri Najib Abdul Razak was involved in fugitive businessman Low Taek Jho's “nefarious agenda” when the sovereign wealth fund’s subsidiary raised US$3 billion in bonds for a sham joint venture with Abu Dhabi in 2013.
Bakke resigns from E&O board
KUALA LUMPUR (May 10): Eastern & Oriental Bhd (E&O) said Tan Sri Mohd Bakke Salleh has resigned as non-independent and non-executive director of the group.
MoH: Covid-19 patients take up 67% of govt hospital beds
KUALA LUMPUR (May 10): The Ministry of Health (MoH) said 67% of public hospital beds were used to treat those infected by Covid-19, including suspected and probable patients, as of last Saturday (May 8).
1MDB critic’s lawyer says client owes RM795,000 for release from two-month Sosma detention
KUALA LUMPUR (April 26): A lawyer representing Datuk Seri Khairuddin Abu Hassan, who lodged police reports in Malaysia, the UK, France and Switzerland in relation to 1Malaysia Development Bhd fiasco, and was subsequently detained by the authorities under the Security Offences (Special Measures) Act 2012 (Sosma), told the court that his client owed him RM795,000.
Petronas ex-CEO Hassan Marican retires as Sembcorp Industries director
KUALA LUMPUR (April 23): Petroliam Nasional Bhd's (Petronas) former president and chief executive officer (CEO) Tan Sri Mohd Hassan Marican had retired as Sembcorp Industries Ltd's independent and non-executive director following a rotation based on energy firm Sembcorp Industries constitution following the conclusion of the firm’s annual general meeting (AGM) yesterday.
Malaysia’s labour market seen growing marginally in 2021 — DOSM
KUALA LUMPUR (April 22): Malaysia’s labour market is seen growing marginally in 2021 in a Covid-19-driven challenging environment as factors including the pandemic's vaccination programme and government support for businesses are expected to accelerate the revival of the country's labour market, where unemployment rose to 4.
Upskilling needed for property managers in the new normal
As new norms set in, property managers need to stay agile and be focused on mitigating the Covid-19 pandemic as they manage their properties.
Kit Siang says he did not agree with 2017 Federal Court decision to dismiss appeals over ex-AG's handling of 1MDB
KUALA LUMPUR (April 9): DAP veteran Lim Kit Siang (pictured) told the High Court today that he did not agree with the Federal Court's 2017 decision to dismiss three appeals for leave to challenge then Attorney-General (AG) Tan Sri Mohamed Apandi Ali’s decision to close an investigation related to former prime minister Datuk Seri Najib Razak’s alleged wrongdoing in the 1Malaysia Development Bhd (1MDB) issue.
Ex-AG Apandi moved to tears while testifying in defamation suit against Kit Siang
KUALA LUMPUR (April 7): Former attorney-general (AG) Tan Sri Mohamed Apandi Ali (pictured) was moved to tears in the High Court here today while testifying in his defamation suit against veteran politician Lim Kit Siang whose article, Mohamed Apandi claimed, implied that the ex-AG’s abetted the 1Malaysia Development Bhd (1MDB) scandal.
