Eversendai extends rally to five-year high as investors rack up shares
On Wednesday, the steel structure fabrication company announced that it has secured four new contracts in Saudi Arabia, the United Arab Emirates and India.
Eversendai bags projects worth RM5.4b in Saudi Arabia, UAE, India
Eversendai executive chairman and group managing director Tan Sri AK Nathan: Despite going through a very challenging period in the last few years, exasperated by Covid-19 and its related impacts, Eversendai is optimistic that the group will be able to strongly rebound as a result of the record high order book, which will translate in optimum utilisation of all the group's fabrication facilities.
Najib told Cabinet to keep Arab donation to Yayasan 1MDB under wraps, witness claims
KUALA LUMPUR (Feb 10): Former prime minister Datuk Seri Najib Razak (pictured) instructed his Cabinet during a meeting in 2010 to keep mum about the "donation" from Saudi Arabia's crown prince Prince Saud Abdulaziz Al-Saud to 1Malaysia Development Bhd's (1MDB) charity arm Yayasan 1MDB as the prince had requested that the contribution not be announced, a prosecution witness told the High Court here today.
Top Abu Dhabi executives implicated in 1MDB scam believed to have been convicted
KUALA LUMPUR (Feb 5): Were the two top executives of the Abu Dhabi wealth fund implicated in the 1MDB scandal convicted and jailed two days ago in the United Arab Emirates? According a Feb 3 news report by the Khaleej Times, the Abu Dhabi Criminal Court had sentenced a former senior management executive of a government-owned company and its chief executive officer (CEO) to 15 years in prison for money laundering.
Najib cites 307 grounds to set aside his conviction and sentence in SRC case
PUTRAJAYA (Dec 2): Former premier Datuk Seri Najib Razak (pictured) has stated 307 reasons in his petition of appeal to set aside his conviction and sentence in the SRC International Sdn Bhd case Among others, he claimed that the trial judge, Justice Mohd Nazlan Mohd Ghazali, was wrong in finding that his action of not returning the RM42 million SRC money was detrimental to his defence.
Arabtec Holding, builder of Burj Khalifa, set to 'fall into liquidation'
KUALA LUMPUR (Oct 3): United Arab Emirates-based Arabtec Holding PJSC is set to fall into liquidation after shareholders voted to dissolve “the debt-laden construction firm”, Bloomberg reported on Thursday.
Proposed Covid-19 bill: Some clauses not 'entirely clear', says report
KUALA LUMPUR (Aug 15): The Temporary Measures for Reducing The Impact of Coronavirus Disease 2019 (Covid-19) Bill 2020 was tabled in the Dewan Rakyat last week but a lawyer said that there are “issues with some of the clauses as these are not entirely clear”, reported The Edge Malaysia.
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Covid-19: Malaysia records four new cases, all imported
KUALA LUMPUR (July 14): The Ministry of Health (MoH) reported four new Covid-19 cases today — all imported, involving three Malaysians and one foreigner — raising the country's confirmed infections to 8,729.
Eversendai secures projects worth RM490.1m in Morocco, Qatar, Saudi Arabia
KUALA LUMPUR (March 11): Eversendai Corp Bhd has secured RM490.
Ex-minister Jamil was not in Riyadh as he had claimed, says MACC man
KUALA LUMPUR (March 2): Former minister Datuk Seri Jamil Khir Baharom’s testimony that he was with former premier Datuk Seri Najib Abdul Razak in Saudi Arabia on Jan 11, 2010 for an informal meeting with the late King Abdullah was today disputed by a Malaysian Anti-Corruption Commission (MACC) investigating officer.
