PLB Engineering MD vacates office, 4Q net profit soars eight times
KUALA LUMPUR (Nov 1): PLB Engineering Bhd’s managing director (MD) Datuk Dr Ong Seng Soon was vacated from office with effect from today.
S P Setia to include smart home features in upcoming launches
PETALING JAYA (Oct 31): S P Setia Bhd will incorporate smart-home features in its upcoming landed residential development next year.
1MDB-Tanore Trial: Only three people has pictures of Najib's swollen eyes
KUALA LUMPUR (Oct 31): Enlarged pictures of former prime minister Datuk Seri Najib Abdul Razak's swollen eyes were shared to High Court Justice Collin Lawrence Sequerah today, as the defence team had requested to postpone court proceedings because the former premier's eyes were painful.
Landslip rectification should be done by JMB, says MBPJ
PETALING JAYA (Oct 31): The landslip reported by concerned office workers in Section 16 here has turned out to be under the responsibility of the office management itself.
Jho Low in UAE, has asylum in third country
PETALING JAYA (Oct 31): The key figure in the 1Malaysia Development Bhd scandal Low Taek Jho, better known as Jho Low, is currently in the United Arab Emirates and and has obtained asylum in another country on the basis of human rights and political persecution, legal sources told The Malaysian Insight (TMI).
Budget hotels working on app to boost business
PETALING JAYA (Oct 31): Budget hotels are hoping that an app will help them to counter the increasing popularity of Airbnb accommodation online travel agencies.
PLUS MD retort after Renong's former executive chairman statement on PLUS' debts
KUALA LUMPUR (Oct 31): PLUS Malaysia Bhd said today the highway operator was already a debt-ridden company when Syarikat Danasaham Sdn Bhd took over UEM Group Bhd (UEMG) from Renong Bhd and subsequently privatised UEMG in 2001.
Court fixes Dec 16 to mention Goldman's alleged conduct of misleading investors in 1MDB bond issuance
KUALA LUMPUR (Oct 31): The High Court has fixed Dec 16 as the next case mention date for charges (change to summons) against three Goldman Sachs entities in the latter's alleged conduct of misleading investors in the issuance of three 1MDB bonds.
Jho Low confirms asset settlement with US, maintains innocence
KUALA LUMPUR (Oct 31): Fugitive businessman Low Taek Jho confirmed today he has reached a landmark comprehensive, global settlement with the US government to resolve the US' civil and criminal actions relating to his assets.
US reaches settlement to recover more than US$700m in assets allegedly traceable to corruption involving 1MDB
PETALING JAYA (Oct 31): The Department of Justice has reached a settlement of its civil forfeiture cases against assets acquired by Low Taek Jho, aka Jho Low, and his family using funds allegedly misappropriated from 1Malaysia Development Berhad (1MDB), Malaysia’s investment development fund, and laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg.
