Syed Mohamed is now Encorp chairman

KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.

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Sime Darby makes record RM684 mil impairment to give pure plays a clean start

KUALA LUMPUR (Aug 26): Sime Darby Bhd, which is set to list its plantation and property arms — Sime Darby Plantation Bhd (SD Plantation) and Sime Darby Property Bhd (SD Property) — separately on Bursa Malaysia by November, has undertaken a record impairment at the group level to provide a clean sheet for their financials, moving forward.

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Isa Samad remanded for five days over MACC investigation

PUTRAJAYA (Aug 16): Former Felda chairman Tan Sri Mohd Isa Abdul Samad (pictured) was remanded for five days from today to assist the Malaysian Anti-Corruption Commission (MACC) in its probe into the purchase of a posh hotel by Felda Investment Corp (FIC) in Kensington, London, between 2014 and 2015, Bernama reported today.

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Red Carpet 2 @ i-City opens today

SHAH ALAM (AUG 15): Malaysia’s first interactive wax museum in Malaysia, Red Carpet 2 @ i-City in Shah Alam, was launched today by Malaysia Tourism and Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz.

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Isa Samad gives statement at MACC over FIC hotel purchases

KUALA LUMPUR (Aug 15): Former Felda chairperson Mohd Isa Abdul Samad was at the Malaysian Anti-Corruption Commission (MACC) headquarters in Putrajaya today, most likely to give a statement on the purchase of hotels by Felda Investment Corp (FIC), Bernama reported today.

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