Paramount buys land at KL's Embassy Row for redevelopment
PETALING JAYA (July 16): Paramount Corp Bhd (Paramount) is acquiring 4.
Muhyiddin nominated for Bersatu party president, but no contender for chairman post
KUALA LUMPUR (July 16): Parti Pribumi Bersatu Malaysia (Bersatu) has received nominations for Prime Minister Tan Sri Muhyiddin Yassin as a candidate for its party president and Perak Chief Minister Datuk Seri Ahmad Faizal Azumu as a candidate for deputy president.
Judge allows trial to cut short to allow Najib to attend Parliament
KUALA LUMPUR (July 16): High Court judge Justice Collin Lawrence Sequerah relented and allowed the 1Malaysia Development Bhd (1MDB)-Tanore trial today to end earlier than usual, after reading a letter from the Dewan Rakyat Speaker requesting that former prime minister Datuk Seri Najib Razak (pictured) — who is the accused in this case, and lawmaker for Pekan — be allowed to attend Parliament.
Najib, Rosmah and Azeez strike out Deepak and brother's suit
KUALA LUMPUR (July 16): The High Court today allowed an application by former prime minister Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor (pictured) and Baling Member of Parliament (MP) Datuk Seri Abdul Azeez Abdul Rahim to strike out a multimillion-ringgit suit by carpet businessman Deepak Jaikishian, his brother Rajesh and their company Carpet Raya Sdn Bhd.
Court vacates Rosmah's trial as defence lawyer is unwell, to resume Aug 3
KUALA LUMPUR (July 16): The High Court allowed the vacating of Datin Seri Rosmah Mansor’s (pictured) solar graft trial today as the counsel for the defence is unwell.
Purported political donation to Najib was actually a commission to Rosmah, court told
KUALA LUMPUR (July 15): The cash contribution to Datin Seri Rosmah Mansor (pictured) by Jepak Holdings Sdn Bhd was intended as a commission for her help in securing a solar hybrid project, the High Court heard today.
Judge snubs Najib's request to skip court to attend Parliament
KUALA LUMPUR (July 15): Unlike on previous occasions, former Prime Minister Datuk Seri Najib Razak’s request today for a shorter hearing against him tomorrow to allow him to attend Parliament was rejected by the judge.
'I saw two bags of cash delivered to Rosmah's residence' — witness
KUALA LUMPUR (July 15): Jepak Holdings Sdn Bhd consultant Rayyan Radzwill Abdullah (pictured) confirmed in court today that he witnessed two black bags of cash purportedly containing RM1.
MOTAC expects 75% y-o-y decline in tourist arrivals for 2020
KUALA LUMPUR (July 15): The Ministry of Tourism, Arts and Culture (MOTAC) is forecasting a 75% drop in tourist arrivals for 2020, as compared to the preceding year, given the gloomy sentiment on international travel due to the Covid-19 pandemic.
Glomac dips into the red for 4Q on fair value losses, declares one sen dividend
KUALA LUMPUR (July 15): Impacted by a recognition of fair value losses on its investment properties, Glomac Bhd reported a net loss of RM8.
