‘Funds diversion an executive decision, practised even today’
KUALA LUMPUR (Oct 26): Defence counsel Tan Sri Muhammad Shafee Abdullah (pic) argued yesterday that the his client Datuk Seri Najib Razak’s action of redirecting government funds for other purposes was an “executive decision”.
Paramount proposes securitisation exercise
KUALA LUMPUR (Oct 26): Under a securitisation exercise to streamline group assets and achieve a more efficient capital structure, Paramount Corp Bhd has proposed to dispose of three of its tertiary education campuses to a special purpose vehicle for a combination of cash amounting to RM420 million and new cumulative redeemable non-convertible preference shares in the vehicle.
Funds diversion was to avoid Malaysian bond market collapse, says Najib
KUALA LUMPUR (Oct 25): Datuk Seri Najib Razak, who was charged today with diverting RM6.
Perak, Pahang should stop issuing permits for farming and developments in Cameron
IPOH (Oct 25): The state governments of Perak and Pahang should stop the issuance of new permits for agriculture and development in Cameron HIghlands, in light of the increased risk of landslides, said the Water, Land and Natural Resources Minister.
Go the extra mile and ‘wow’ your clients
KUALA LUMPUR (Oct 25): One of the key factors to stay competitive in the property and facility management industry is to offer good customer service and experience, according to Knight Frank Malaysia senior executive director Kuruvilla Abraham.
Shafee: Funds rechanneled for IPIC, ECRL, gas pipeline projects obligations
KUALA LUMPUR (Oct 25): Some RM1.
KPKT and MIPFM to discuss separate register for property and facility managers
KUALA LUMPUR (Oct 25): The Malaysian Institute of Property and Facility Managers (MIPFM) will be speaking with the Housing and Local Government Ministry about the possibility of setting up a separate board to register property, facility and strata managers.
