News about es

KUALA LUMPUR (Oct 23): TDM Bhd announced yesterday that its subsidiary PT Rafi Kamajaya Abadi (PT RKA) has been sanctioned by the Indonesian government and ordered to stop all plantation activities at some 900ha of its plantation area in Kalimantan, which has been burnt recently.

KUALA LUMPUR (Oct 23): The Ministry of Human Resources has told newspaper publisher Utusan Melayu (M) Bhd — which ceased operations on Oct 9 — and its interim liquidator UHY Advisory (KL) Sdn Bhd, to pay its employees their outstanding wages, as well as compensation for a voluntary separation scheme (VSS) that took place last year.

KUALA LUMPUR (Oct 23): The defence in Datuk Seri Najib Razak’s RM42 million SRC International Sdn Bhd trial has argued that the former premier cannot be charged with money laundering, as the predicate offences — criminal breach of trust (CBT) and abuse of power — have not been proven.

KUALA LUMPUR (Oct 23): Tycoon Tan Sri Syed Mokhtar Albukhary-linked company Pelangi Prestasi Sdn Bhd has been allowed by the High Court to proceed with its suit against two parties in relation to its proposed takeover of Sabah Forest Industries Sdn Bhd (SFI).

PETALING JAYA (Oct 22): FundMyHome (FMH) is currently taking part in the two-day SCxSC Fintech Conference organised by Securities Commission Malaysia (SC).

KUALA LUMPUR (Oct 22): 1Malaysia Development Bhd (1MDB) has made a payment of US$50.

KUALA LUMPUR (Oct 22): Khazanah Nasional Bhd has shortlisted four investors to be the strategic partner in Malaysia Airlines Bhd, according to Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali.

KOTA KINABALU (Oct 22): Club Med has announced plans to open its first green resort here in Sabah.

KUALA LUMPUR (Oct 22): Former PAS deputy president Datuk Dr Nasharudin Mat Isa will be charged with money laundering at the Sessions Court in Shah Alam today, said the Malaysian Anti-Corruption Commission.

KUALA LUMPUR (Oct 22): TRC Synergy Bhd has secured a construction contract from Prasarana Malaysia Bhd worth RM99.