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LONDON (Sept 21): As the New Zone 1 London Underground station officially opened, it will be the major boost for the regeneration of Battersea Power Station (BPS), the project owned by consortium formed by S P Setia, Sime Darby Property and The Employees’ Provident Fund.

Below is the opening keynote address by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz at the Malaysian Banking and Finance Summit 2021 at 9.

KUALA LUMPUR (Sept 20): Former prime minister Datuk Seri Najib Razak will be applying for a stay of proceedings in the US$8 billion civil suit filed by 1Malaysia Development Bhd (1MDB) against him and several others, pending the conclusion of his 1MDB-Tanore criminal case, according to a source close to the matter.

PETALING JAYA (Sept 20): Sime Darby Property Bhd (SD Property) has reopened its sales galleries and resumes operations at all project sites, in accordance with the Government’s recent easing of lockdown restrictions.

KUALA LUMPUR (Sept 20): The Court of Appeal today has affirmed a previous High Court decision to strike out a suit filed by carpet businessman Deepak Jaikishan against former prime minister Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and Baling MP Datuk Seri Abdul Azeez Abdul Rahim over taxes incurred for allegedly acting as proxies for the couple.

KUALA LUMPUR (Sept 20): IGB Commercial Real Estate Investment Trust's (IGBCR) stock exchange debut saw its unit price slipping below the institutional portion of its initial public offering (IPO) price during the morning trading session today.

KUALA LUMPUR (Sept 20): Malaysia remains an attractive investment destination but political stability needed for economic growth and investment, according to the recently concluded ASEAN Business Advisory Council (ASEAN-BAC) consultation meeting in Malaysia with business associations representing US businesses to discuss Malaysia’s efforts in attracting foreign direct investment (FDI) from the United States and its business communities.

KUALA LUMPUR (Sept 18): Tan Sri Azman Yahya stepped down as executive chairman of Symphony Life Bhd (SLB) on April 2 this year and it “was not long after that that trouble started brewing at the company,” The Edge Malaysia reported this week.

KUALA LUMPUR (Sept 18): Malaysia recorded 388 Covid-19 related fatalities yesterday (Sept 17), up from 346 reported the day before.

KUALA LUMPUR (Sept 18): Malaysia’s reported Covid-19-linked fatalities climbed 25% to a record high of 2,869 in the week of Sept 10 to 16, compared with 2,295 in the previous week.