Financially-distressed Jepak seeks judicial management
KUALA LUMPUR (March 13): Jepak Holdings Sdn Bhd, the company that was initially awarded an RM1.
KUALA LUMPUR (March 13): Jepak Holdings Sdn Bhd, the company that was initially awarded an RM1.
KUALA LUMPUR (March 13): The 1MDB-Tanore trial is adjourned, pending the COVID-19 test results of lead defence lawyer Tan Sri Muhammad Shafee Abdullah, who today showed the court documentary evidence that he was indeed ordered to go into self-quarantine.
KUALA LUMPUR (March 13): The Securities Commission Malaysia (SC) confirms that an independent board member has tested positive for COVID-19.
PUTRAJAYA (March 12): Malaysia will decide whether to delay or cancel the Asia-Pacific Economic Cooperation (Apec) 2020 summit it is scheduled to host in November, in light of the COVID-19 pandemic.
KUALA LUMPUR (March 12): The judge in Datin Seri Rosmah Mansor’s graft trial reminded the latter’s lawyer today that a former government official currently testifying in the case is not the accused person, after the lawyer asked the witness if he had pulled strings to obtain payment for a project.
KUALA LUMPUR (March 12): The 1MDB-Tanore trial, which was scheduled to start today after a long hiatus since November, has now been postponed as its lead defence counsel was in proximity to a person who is currently being tested for the COVID-19 virus.
PETALING JAYA (March 12): The Royal Pahang Durian Group (RPD Group) has entered into a shareholders’ agreement with Perbadanan Kemajuan Pertanian Negeri Pahang (PKPP) to build, own and operate a large-scale durian processing facility in Raub, Pahang with an investment of about RM40 million.
KUALA LUMPUR (March 12): Malaysia Airlines Bhd (MAS) is the latest airline to ask its 13,000 employees to take voluntary unpaid leave as the spread of coronavirus (COVID-19) takes a heavy toll on airlines' bottom line.
Rented for: RM1,800 per month (RM2.
KUALA LUMPUR (March 12): The World Health Organization called the new coronavirus outbreak a pandemic on Wednesday, issuing a grim warning that the global spread and severity of the illness was due to "alarming levels of inaction", AFP reported late yesterday.