Felda paid a hefty premium for assets, says Azmin

KUALA LUMPUR (Nov 22): The Federal Land Development Authority (Felda) had overpaid for some of its assets, forking out “much higher than market price” for acquisitions, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

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Anti-graft system for high-risk depts

KUALA LUMPUR (Nov 22): In a world first, Malaysia will introduce the International Standards Organisation’s (ISO) anti-corruption certification system in all high-risk sectors of the government, Prime Minister Tun Dr Mahathir Mohamad announced yesterday.

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Paramount’s KDU stake divestment a good move, say analyst

KUALA LUMPUR (Nov 21): Paramount Corp Bhd’s planned sale of its controlling stake in three KDU education institutions, which may pave the way for the eventual divestment of its entire loss-making tertiary education business, is seen as a “good move” by RHB Research Institute Sdn Bhd analyst Loong Kok Wen.

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