News about d

KUALA LUMPUR (July 12): The Pinewood Group has “pulled out of Iskandar Malaysia Studios”, reported the news portal Variety yesterday.

PETALING JAYA (July 12): It looks like Selangor authorities are going to crack the whip on those found with Aedes mosquito breeding grounds in their premises.

  KUALA LUMPUR (July 12): Datuk Seri Najib Razak's Umno Pekan division and the division's education bureau chairperson Ibrahim Awang Ismail informed the High Court today that they are applying to strike out the Malaysian Anti-Corruption Commission's (MACC) forfeiture application in relation to 1Malaysia Development Bhd (1MDB) funds.

KUALA LUMPUR (July 11): CAB Cakaran Corp Bhd served a notice of termination to vendors related to the sale and purchase agreements (SPAs) to buy properties in Johor for an alleged breach of contract.

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  KUALA LUMPUR (July 12): Boustead Holdings Bhd has aborted plans to buy multiple pieces of leasehold commercial land totalling 10.

  KUALA LUMPUR (July 12): The US Department of Justice (DoJ) is investigating whether German lender Deutsche Bank (pictured) violated foreign corruption or anti-money laundering laws in its work for 1Malaysia Development Bhd (1MDB), which included helping the fund raise US$1.

BEIJING (July 11): A Chinese property tycoon was formally arrested yesterday for alleged child molestation.

KUALA LUMPUR (July 11): The Ministry of Finance (MoF) has made a preliminary decision to oppose the takeover of highway operator PLUS Malaysia Bhd by Maju Holdings Sdn Bhd after considering the views from PLUS' major shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF).

KUALA LUMPUR (July 11): The proceeds from the sale of 1Malaysia Development Bhd (1MDB)-linked super yacht, Equanimity, are currently stored in a bank account managed by a local law firm for three months.