Parkson gets RM2b loan facility for refinancing, working capital needs
KUALA LUMPUR (Oct 23): Parkson Holdings Bhd’s 54.
TDM's Indonesian ops face sanction, 900ha to halt activities for 3 years
KUALA LUMPUR (Oct 23): TDM Bhd announced yesterday that its subsidiary PT Rafi Kamajaya Abadi (PT RKA) has been sanctioned by the Indonesian government and ordered to stop all plantation activities at some 900ha of its plantation area in Kalimantan, which has been burnt recently.
Human resources ministry tells Utusan to pay outstanding wages, VSS compensation
KUALA LUMPUR (Oct 23): The Ministry of Human Resources has told newspaper publisher Utusan Melayu (M) Bhd — which ceased operations on Oct 9 — and its interim liquidator UHY Advisory (KL) Sdn Bhd, to pay its employees their outstanding wages, as well as compensation for a voluntary separation scheme (VSS) that took place last year.
Eco World chairman buys 276.9m shares from his son
KUALA LUMPUR: Eco World Development Bhd chairman Tan Sri Liew Kee Sin bought 276.
SRC trial: Najib cannot be charged with money laundering as predicate offence has not been proven, says defence
KUALA LUMPUR (Oct 23): The defence in Datuk Seri Najib Razak’s RM42 million SRC International Sdn Bhd trial has argued that the former premier cannot be charged with money laundering, as the predicate offences — criminal breach of trust (CBT) and abuse of power — have not been proven.
Syed Mokhtar’s firm allowed to proceed with suit over SFI takeover
KUALA LUMPUR (Oct 23): Tycoon Tan Sri Syed Mokhtar Albukhary-linked company Pelangi Prestasi Sdn Bhd has been allowed by the High Court to proceed with its suit against two parties in relation to its proposed takeover of Sabah Forest Industries Sdn Bhd (SFI).
FundMyHome at SCxSC Fintech Conference
PETALING JAYA (Oct 22): FundMyHome (FMH) is currently taking part in the two-day SCxSC Fintech Conference organised by Securities Commission Malaysia (SC).
Putrajaya paid US$50.3m interest payment for 1MDB Langat bond on Oct 18
KUALA LUMPUR (Oct 22): 1Malaysia Development Bhd (1MDB) has made a payment of US$50.
Lebanese jeweller suddenly withdraws RM60m suit against Rosmah
KUALA LUMPUR (Oct 22): Lebanese jeweller Global Royalty SAL has suddenly withdrawn its suit against Datin Seri Rosmah Mansor over the handover of 44 pieces of jewellery to her that were worth US$14.
