MACC investigations show Yayasan Akalbudi did not purchase two bungalows worth RM5.9m

KUALA LUMPUR (March 9): Malaysian Anti-Corruption Commission (MACC) investigations into former deputy prime minister Datuk Seri Ahmad Zahid Hamidi’s (pictured) charity organisation Yayasan Akalbudi did not reveal documentation which suggested that the foundation had purchased two bungalows in Kajang in 2017, according to a witness at the politician’s graft trial yesterday.

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More changes in Boustead group of companies' boardrooms

KUALA LUMPUR (March 8): Boustead Holdings Bhd and its subsidiaries have made more changes in their boardrooms, with the latest being the redesignation of Boustead's executive director of group business development Izaddeen Daud as its deputy group managing director, effective March 1.

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Desmond Lim builds up stake in WCT

KUALA LUMPUR (March 6): Businessman Tan Sri Desmond Lim acquired another 250,000 shares in WCT Bhd yesterday, raising his direct shareholding in the construction company to 103.

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