Owners of Jaya Grocer said to be mulling an IPO

KUALA LUMPUR (April 15): The owners of grocery chain Jaya Grocer are now mulling an initial public offering (IPO) after an “earlier selection process” to find a buyer “had stalled”, The Edge Malaysia reported this week.

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1MDB asset forfeiture: Lawyer says no evidence linking money in Najib’s AmBank accounts to properties seized from residence

KUALA LUMPUR (April 23): Former prime minister Datuk Seri Najib Razak’s (pictured) lawyer Tania Scivetti said today the prosecution’s asset forfeiture action against Najib must be dismissed because there is no evidence that the seized properties from his residence along Jalan Langgak Duta were linked to alleged 1Malaysia Development Bhd (1MDB)-related money in his AmBank accounts.

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