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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.

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

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.