Sale of 1MDB’s superyacht historic by any measure
KUALA LUMPUR (April 4): The sale of 1Malaysia Development Bhd’s (1MDB) superyacht Equanimity is historic, by any measure, said Attorney-General (AG) Tommy Thomas.
Genting units price US$1b bonds to fund Resorts World Las Vegas
KUALA LUMPUR (April 4): Genting Bhd said yesterday its indirect wholly-owned subsidiaries Resorts World Las Vegas LLC and RWLV Capital Inc had on Tuesday priced their US$1 billion (RM4.
C4: Bukit Nanas Forest Reserve area mysteriously smaller by nearly 1ha
PETALING JAYA (April 4): The Center to Combat Corruption & Cronyism (C4) has called for greater scrutiny over sale of government land, saying there were suspicious land deals that have led to the encroachment of the Bukit Nanas Forest Reserve (BNFR).
Cabinet will decide on Taman Rimba Kiara project, says Hannah Yeoh
KUALA LUMPUR (April 4): The Cabinet will decide on two options to scale down development Taman Rimba Kiara, Segambut MP Hannah Yeoh said today, reported The Malaysian Insight.
‘Use non-linear data to respond to financing needs of low-income clients’
KUALA LUMPUR (April 4): Banks and other financing institutions should look at non-linear data to better respond to the financing needs of low-income customers.
Dr M: IRB goes after anyone who doesn't pay tax — including former ministers
KUALA LUMPUR (April 4): The Inland Revenue Board (IRB) will go after anybody who does not fulfil their tax obligations, and not selectively investigate former ministers from the previous Barisan Nasional (BN) government, says Prime Minister Tun Dr Mahathir Mohamad (pictured) today.
‘Ex-PM got RM42m by giving government guarantee for RM4b loan to former 1MDB unit’
KUALA LUMPUR (April 4): In holding the office of the prime minister, the nation’s highest elected public officer and head of government, Datuk Seri Najib Razak obtained RM42 million gratification by giving the government guarantee for RM4 billion loan granted to SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd (1MDB).
Integrated property database key to address market concerns
KUALA LUMPUR (April 4): Malaysia will need an integrated property database that could serve as a launch pad for future policy direction and actions by both the government and private sector players.
SRC trial kicks off despite Najib’s last-minute delay tactic
KUALA LUMPUR (April 4): The highly anticipated trial of Datuk Seri Najib Razak involving the transfer of millions of funds from SRC International Sdn Bhd, a former 1Malaysia Development (1MDB) subsidiary, began at the High Court here yesterday, eight months after he was first charged.
Sime Darby Property’s Amrin said to be new Boustead boss
KUALA LUMPUR (April 4): Datuk Seri Amrin Awaluddin, the current chief executive officer (CEO) of Sime Darby Property Bhd, is going to fill the group managing director’s (MD) position at Boustead Holdings Bhd, according to sources.
