Haze disrupts flights in Penang airport
GEORGE TOWN (Sept 18): The worsening haze shrouding much of Malaysia has caused flight disruptions in Penang International Airport (PIA) today.
‘Shahrol suggested that MoF takes over TIA’
KUALA LUMPUR (Sept 18): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi was the one who suggested to Datuk Seri Najib Abdul Razak to take over the Terengganu Investment Authority (TIA) from Terengganu Menteri Besar Inc (MB Inc) to form 1MDB, the High Court heard yesterday.
Najib asks for early break to seek treatment for eyes due to worsening haze
KUALA LUMPUR (Sept 18): Former premier Datuk Seri Najib Razak (caption) has asked for an early break in today's proceedings of the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial to seek treatment for his eyes following the worsening haze engulfing the country.
Jho Low bandied about big names like Jordan's Queen Rania, U2's Bono, former Disney CEO for TIA, foundation, says defence
KUALA LUMPUR (Sept 18): The defence in Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial told the High Court here yesterday that fugitive financier Low Taek Jho had bandied about several big names as possible directors and trustees for the Terengganu Investment Authority (TIA) and its foundation.
Matrix Concepts ventures into healthcare
PETALING JAYA (Sept 18): Matrix Concepts Holdings Berhad is venturing into the healthcare sector by signing a Management Agreement for operational management of the Pusat Hemodialysis Mawar’s (PHM) specialist hospital division, hemodialysis centre and clinics in Bandar Sri Sendayan, Negeri Sembilan.
Macquarie cuts Kerjaya Prospek Group's EPS forecast
KUALA LUMPUR (Sept 17): Macquarie Capital Securities (M) Sdn Bhd said today that it had cut its Kerjaya Prospek Group Bhd earnings per share (EPS) forecast by 18% for financial year ending Dec 31, 2019 (FY19) and 8% each for FY20 and FY21, in anticipation that the builder's property developer clients will extend project timelines to manage cash flow, amid the property market slowdown.
London’s Battersea Power Station Lit Up in celebration of Malaysia Day
PETALING JAYA (Sept 17): The iconic chimneys of Battersea Power Station (BPS) in London, United Kingdom, was emblazoned with the flags of both Malaysia and the United Kingdom on Malaysia Day.
1MDB-Tanore trial witness insisted 1MDB was Najib's 'baby' — before defence changed his mind
KUALA LUMPUR (Sept 17): Datuk Amhari Effendi Nazaruddin, one of the key prosecution witnesses in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial involving former premier Datuk Seri Najib Razak, initially disagreed that the Terengganu Investment Authority (TIA) was mooted by Terengganu's ruler Sultan Mizan Zainal Abidin's when he was the 13th Yang di-Pertuan Agong.
Tenaga subject to pricing, take-up risk under Malaysia electricity masterplan: Hong Leong
KUALA LUMPUR (Sept 17): Hong Leong Investment Bank Bhd said today Tenaga Nasional Bhd may face long-term earnings risk related to electricity pricing and take-up rate based on the auction mechanism under Malaysia's proposed 10-year masterplan to reform the power industry.
Property developer fined RM1.5m for abetting Ku Nan in RM1m bribery case
KUALA LUMPUR (Sept 17): Businessman Datuk Tan Eng Boon (pictured, centre) was fined RM1.
