MB World share trade to be suspended on Sept 2

KUALA LUMPUR (Aug 26): MB World Group Bhd's share trade will be suspended from 9am next Wednesday (Sept 2) as the joint offerors under the takeover offer for the property developer have collectively held more than 90% its shares and they do not intend to maintain the listing status of MB World on Bursa Malaysia's Main Market.

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Court fixes hearing of appeal by Musa Aman, 32 others for Sept 7

PUTRAJAYA (Aug 26): The Court of Appeal has fixed Sept 7 to hear an appeal by former Sabah chief minister Tan Sri Musa Aman and 32 other assemblypersons against the dismissal of their judicial review application to challenge the decisions of the Sabah governor to dissolve the State Legislative Assembly and the Election Commission (EC) to hold a state election.

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Ex-1MDB auditor from KPMG gets leave to challenge MIA decision

KUALA LUMPUR (Aug 25): An auditor from KPMG accused of "unprofessional conduct" for refusing to furnish accounts and information relating to 1Malaysia Development Bhd (1MDB) has secured leave from the High Court to challenge the decision made by disciplinary appeal board of the Malaysian Institute of Accountants (MIA).

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PPR folk want jobs, not handouts — UN study

KUALA LUMPUR (Aug 25): Cash transfers from the government were the most helpful form of aid for low-income households, who were hit harder by the Covid-19 crisis, during the Movement Control Order (MCO) period, a study commissioned by two United Nations (UN) agencies showed.

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