News about ST

KUALA LUMPUR (Nov 8): Sime Darby Property Bhd, S P Setia Bhd and Alliance Bank Malaysia Bhd will be deleted from the MSCI Global Standard Indexes' MSCI Malaysia Index, following MSCI Inc's November 2019 semi-annual index review.

KUALA LUMPUR (Nov 8): Payment for the Pan Borneo highway project is not delayed and is expected to arrive as per the agreement with the works package contractors (WPCs), said Lebuhraya Borneo Utara (LBU).

KUALA LUMPUR (Nov 8): The auditors of 1Malaysia Development Bhd (1MDB) namely KPMG and Deloitte did not raise any substantial issues on the credibility of PetroSaudi International Ltd (PSI) to the board of directors, said former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi.

KUALA LUMPUR (Nov 8): Property developer and resort operator Sentoria Group Bhd plans to give up ownership of part of a plot of land for its Langkawi Geopark Resort City project to bring in a strategic investor for the resort development.

KUALA LUMPUR (Nov 8): EcoFirst Consolidated Bhd’s wholly-owned unit Pujian Development Sdn Bhd (PDSB) has received a sealed court order to pay a judgement sum of RM10.

KUALA LUMPUR (Nov 8): 1Malaysia Development Bhd (1MDB) did not suspect anything amiss when transferring US$330 million meant for PetroSaudi International Ltd (PSI) into the account of Good Star Ltd in 2011, despite its earlier experiences with Good Star in 2009, the High Court was told yesterday.

PUTRAJAYA (NOV 7): Housing and Local Government Ministry's (KPKT) minister Zuraida Kamaruddin today met with over 60 owners of 1Malaysia People’s Housing Scheme (PR1MA) to discuss problems they face over PR1MA including discounts given to new PR1MA homebuyers.

KUALA LUJMPUR (Nov 7): Prime Minister Tun Dr Mahathir Mohamad today said it will not fight a war with the country where fugitive businessman Low Taek Jho or Jho Low is living in currently.

KUALA LUMPUR (Nov 7): The defence in Datuk Seri Najib Abdul Razak’s 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial has argued that there may have been a conspiracy by PetroSaudi International Ltd (PSI) executives Tarek Obaid and Patrick Mahony to ensure that the former Prime Minister would expedite the release of US$1 billion to their company.

KUALA LUMPUR (Nov 7): Former premier Datuk Seri Najib Abdul Razak will have to attend to another case involving 1Malaysia Development Bhd (1MDB) this morning before appearing for his 1MDB-Tanore trial, which will be entering its 32nd day.