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KUALA LUMPUR (Sept 24): The Ministry of Finance (MoF) was said to have been pressured into issuing the government guarantee for the RM5 billion Islamic medium term notes (IMTN), in order to meet a tight one-month deadline set by fugitive businessman Low Taek Jho, according to the testimony by Datuk Shahrol Azral Ibrahim Halmi, the ninth prosecution witness in the 1Malaysia Development Bhd (1MDB)-Tanore trial, at the High Court yesterday.

KUALA LUMPUR: Karambunai Corp Bhd’s largest shareholder Tan Sri Dr Chen Lip Keong, with a 73.

KUALA LUMPUR (Sept 24): Property developer Bertam Alliance Bhd says it is roping in a Chinese white knight to help lift it from the Practice Note 17 (PN17) status.

KUALA LUMPUR (Sept 24): UEM Sunrise Bhd has said it continuously explores strategic business opportunities that can deliver stakeholder and shareholder returns.

KUALA LUMPUR (Sept 24): Lafarge Malaysia Bhd’s (LMB) minority shareholders voted down a resolution that would have allowed the group to undertake recurrent related party transactions (RPTs) worth an aggregate RM3.

KUALA LUMPUR (Sept 24): Chinese integrated construction company Pacific Construction Group Ltd (CPCG) is leading a consortium of investors to invest some RM3 billion in Terengganu for, among others, an industrial park, a free trade zone and affordable housing.

KUALA LUMPUR (Sept 23): The criminal breach of trust and graft trial involving former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Abdul Samad (pictured) at the High Court here will proceed as scheduled, beginning Oct 7.

KUALA LUMPUR (Sept 23): Former Terengganu Investment Authority (TIA) and later its federalised incarnation 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi described former premier Datuk Seri Najib Razak as being so close with fugitive businessman Low Taek Jho — better known as Jho Low — that he gave the Penang-born financier the mandate to plan and arrange the operations of the two entities.

  KUALA LUMPUR (Sept 23): The trial involving Riza Shahriz Abdul Aziz, the stepson of former Prime Minister Datuk Seri Najib Razak, for five money laundering charges involving US$248.

KAJANG (Sept 23): Putrajaya is mulling a homeownership scheme for those who have problems securing a home loan in the upcoming Budget 2020, said Deputy Finance Minister Datuk Wira Amiruddin Hamzah.