Scientex shares dip 7% on 1Q net profit fall
KUALA LUMPUR (Dec 31): Scientex Bhd saw its share price fall as much as 7.
Return 1MDB-related funds to public coffers, Kit Siang tells politicians
KUALA LUMPUR (Dec 31): All political parties and politicians, including Member of Parliaments (MPs) of the 13th Parliament, should return to public coffers any funding and donations they had received from the 1Malaysia Development Bhd (1MDB) scandal, says DAP lawmaker Lim Kit Siang.
French regulators seize 1MDB-linked properties worth up to €150m
KUALA LUMPUR (Dec 31): French regulators have seized properties worth up to €150 million belonging to former Aabar Investments PJS Ltd chairman Khadem Al-Qubaisi in its probe into 1Malaysia Development Bhd (1MDB), according to Sarawak Report (SR).
Paramount establishes RM800m 20-year sukuk programme
KUALA LUMPUR (Dec 29): Paramount Corp Bhd has established a 20-year unrated Islamic Medium Term Notes (Sukuk Murabahah) Programme of up to RM800 million in nominal value.
Berjaya Land sells entire stake in Intercontinental Hanoi for RM222m
KUALA LUMPUR (Dec 29): Berjaya Land Bhd said yesterday it plans to divest its entire stake in TPC Nghi Tam Village Ltd (TPC Village), which operates the five-star Intercontinental Hanoi West Lake Hotel, for 1,244.
Tan Eng Boon quits as Paragon Globe chairman amid graft charges
KUALA LUMPUR (Dec 29): Datuk Tan Eng Boon, who is currently facing graft charges for bribing former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor in relation to a property project in Kuala Lumpur, has resigned as chairman of Paragon Globe Bhd.
British couple to sue developer over losing their home
PETALING JAYA (Dec 29): Due to mishandling by the bank, a British couple lost their home that was under construction, and they have now filed suit against a developer for a refund of money doe to them, according to their lawyer.
Bank Negara land deal, unanswered questions
A year ago, it was announced that Bank Negara had purchased 55.
Cancelled or postponed infrastructure projects due to budget constraints
The MRT Circle line (Line 3), The East Coast Rail Link (ECRL), Trans Sabah Gas Pipeline (TSGP), KL-Singapore High Speed Rail and the Sistem Kawalan Imigresen Nasional (SKIN).
