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KLANG: Unlicensed factories in Selangor have one year to legalise operations, starting Oct 1, failing which the land will be seized by the District Land Office.

KUALA LUMPUR (Sept 24): The Ministry of International Trade and Industry (MITI) has decided to continue the imposition of anti-dumping duties on imports of cellulose fibre reinforced cement flat and pattern sheets (FCB) from Thailand for five more years.

KUALA LUMPUR (Sept 24): Former Terengganu Investment Authority (TIA) chief executive officer Datuk Shahrol Azral Ibrahim Halmi received RM70,000 from Low Taek Jho to speed up TIA's issuance of RM5 billion bonds in 2009, the High Court was told today.

KUALA LUMPUR (Sept 24): The ongoing construction of the iconic Merdeka 118 Tower is at level 78 as of today, which makes it about two thirds completed.

KUALA LUMPUR (Sept 24): Practice Note 17 (PN17)-listed Kinsteel Bhd is seeking to regularise its operations as a going concern and has proposed a share reduction and fundraising.

SEPANG (Sept 24): IOI Properties Group Bhd saw keen interest from prospective buyers for its Alanis serviced apartment project at Warisan Puteri township in Kota Warisan, Sepang, Selangor.

KUALA LUMPUR (Sept 24): Permodalan Nasional Bhd (PNB) group chairman Tan Sri Dr Zeti Aziz has denied that she decided the appointment of Jalil Rasheed as the new PNB president and group chief executive officer (CEO) on her own without any consultation.

KUALA LUMPUR (Sept 24): The morning session of Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB)-Tanore trial took an interesting turn as Tan Sri Muhammad Shafee Abdullah cited two judgements by Datuk Seri Gopal Sri Ram at the Federal Court and Court of Appeal, during an oral application to dispute former 1MDB chief Datuk Shahrol Azral Ibrahim Halmi's witness statement as hearsay.

KUALA LUMPUR (Sept 24): Former 1Malaysia Development Bhd and Terengganu Investment Authority (TIA) chief executive officer Datuk Shahrol Azral Ibrahim Halmi testified that fugitive businessman Low Taek Jho — touted to be the mastermind of the whole 1MDB fiasco — was indeed close to former prime minister Datuk Seri Najib Abdul Razak, based on his observations of their interactions.

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.