Singapore agrees to suspend RTS again — until April 30 next year
KUALA LUMPUR (Nov 5): Singapore has agreed to a request by Malaysia to suspend the cross-border Rapid Transit System (RTS) link by a further six months until April 30, 2020.
Cyprus president wants Jho Low's passport revoked: Report
KUALA LUMPUR (Nov 5): In the latest twist to the story of fugitive business man Jho Low holding a Cyprus passport, the country’s president Nicos Anastasiades yesterday agreed to having the Malaysian’s passport revoked if investigations justify it.
Despite ‘zero governance’ of 1MDB-PetroSaudi JV, partnership continued to maintain ‘strategic relationship’
KUALA LUMPUR (Nov 5): The High Court here was told that the joint venture (JV) between 1Malaysia Development Bhd (1MDB) and PetroSaudi International (PSI) in 2009 had “zero governance”, yet the former persisted in partnering with the latter to preserve their “strategic relationship”, a witness said.
Najib escapes further bail conditions, but judge 'won't tolerate attempts to mislead court'
KUALA LUMPUR (Nov 4): Datuk Seri Najib Razak (pictured) today avoided having further conditions imposed on his bail, after the prosecution questioned his presence in Johor last Friday.
Parcel quit rent should be calculated based on market conditions, say stakeholders
PETALING JAYA (Nov 4): Key industry stakeholders have raised concerns over the high rates resulting from the introduction of parcel quit rent for stratified properties.
Sri Ram's experience, expertise needed in 1MDB-Tanore case: AG
KUALA LUMPUR: Attorney-General (AG) Tan Sri Tommy Thomas said the 1Malaysia Development Bhd (1MDB)-Tanore trial requires the expertise of 76-year-old prosecutor Datuk Seri Gopal Sri Ram, a former Federal Court judge, as the case is a highly complex white collar crime case that calls for an all-round barrister to lead the prosecution exam.
Fugitive financier Jho Low holds Cyprus passport – report
KUALA LUMPUR (Nov 4): Fugitive Malaysian financier Low Taek Jho has been a Cyprus citizen for the past four years, according to Politis, a daily Greek-language newspaper published in Cyprus.
Menara Weld and The Weld Shopping Centre up for sale
KUALA LUMPUR (Nov 4): Great Eastern Life Assurance (M) Bhd, a unit of Singapore-listed Great Eastern Holdings Ltd, is calling for bids for the Menara Weld office building and The Weld Shopping Centre located within the Golden Triangle of Kuala Lumpur.
Wolo Hotel BB sold for RM115m
PETALING JAYA (Nov 2): The four-star Wolo Hotel Bukit Bintang in Kuala Lumpur has been sold for RM115 million or RM864,661 per room, according to an article in The Edge today by Vasantha Ganesan.
MACC studying responses over compound notices issued to recover 1MDB money
PUTRAJAYA (Nov 1) : The Malaysian Anti-Corruption Commission (MACC) is looking into the responses of the 80 individuals and entities against whom it had issued compound notices to recover money totalling some RM420 million believed to be from 1Malaysia Development Bhd.
