Matrix Concepts 2Q net profit rises 11%, declares 3 sen dividend
KUALA LUMPUR (Nov 20): Matrix Concepts Holdings Bhd's net profit for the second quarter ended Sept 30, 2019 rose 10.
Audio recording of meeting on amendments to 1MDB audit report played in court
KUALA LUMPUR (Nov 20): The prosecution in the 1Malaysia Development Bhd (1MDB) audit report tampering trial of Datuk Seri Najib Abdul Razak and former 1MDB CEO Arul Kanda Kandasamy is now playing an audio recording of a coordination meeting on Feb 24, 2016, which was chaired by the then-chief secretary to the government, Tan Sri Ali Hamsa.
KLK 4Q net profit up 37%, lifted by manufacturing segment
KUALA LUMPUR (Nov 20): Plantations player Kuala Lumpur Kepong Bhd (KLK)’s net profit for the fourth quarter ended Sept 30, 2019 (4QFY19) rose 37% year-on-year (y-o-y) to RM175.
Ex-Auditor-General agreed to remove Jho Low's name from 1MDB audit report to prevent 'manipulation' by Opposition
KUALA LUMPUR (Nov 19): Former Auditor-General (A-G) Tan Sri Ambrin Buang had agreed to omit Low Taek Jho's attendance in a 1Malaysia Development Board (1MDB) board meeting from an audit report on the troubled fund to prevent the Opposition from "manipulating" the matter, a witness testified today.
Govt not broker for Kg Baru development: Khalid Samad
KUALA LUMPUR: Federal Territories Minister Khalid Abdul Samad said the government is not acting as a broker in the proposed plans to develop Kampung Baru in Kuala Lumpur, the Star reported today.
Najib lost trust in Gani Patail, says witness
KUALA LUMPUR (Nov 19): Datuk Seri Najib Abdul Razak had lost trust in former Attorney General Tan Sri Abdul Gani Patail, and when then deputy prime minister Tan Sri Muhyiddin Yassin had raised the 1Malaysia Development Bhd (1MDB) issue in cabinet, this may have led to both losing their posts.
Najib not satisfied with contents of 1MDB audit report: Ali Hamsa
KUALA LUMPUR (Nov 19): Former chief secretary to the government Tan Sri Ali Hamsa told the High Court today that then Prime Minister Datuk Seri Najib Abdul Razak had expressed his dissatisfaction with the contents of the audit report on 1Malaysia Development Bhd (1MDB) which was to be tabled before the Public Accounts Committee.
In landmark judgement, Federal Court rules PM, ministers can be sued for misfeasance in public office
PUTRAJAYA (Nov 19): In a landmark judgement, the Federal Court ruled that the Prime Minister (PM) and ministers are public officers, which means that they can be sued for misfeasance in public office, and the government can be held vicariously liable for any wrongdoing they committed.
Widad's subsidiary sued by KNM units over solid waste station contract
KUALA LUMPUR (Nov 18): Widad Group Bhd’s wholly-owned unit which has been appointed as a subcontractor by Bumi Segar Indah Sdn Bhd (BSI) to undertake a RM120.
What were removed from the 1MDB audit report
KUALA LUMPUR (Nov 19): Former prime minister Datuk Seri Najib Abdul Razak and former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Arul Kanda Kandasamy had their pleas taken again before the High Court here yesterday following amendments to the audit tampering charge.
