IHH reportedly in talks to sell two Indian assets
KUALA LUMPUR (Oct 23): IHH Healthcare Bhd is reportedly in talks to sell two of its major assets in India back to their original founder-promoters.
Parkson gets RM2b loan facility for refinancing, working capital needs
KUALA LUMPUR (Oct 23): Parkson Holdings Bhd’s 54.
ECRL's Mentakab-Port Klang alignment finalised: Anthony Loke
PORT KLANG (Oct 23): Alignment for the proposed 640km East Coast Rail Link's (ECRL) section C, which links Mentakab in Pahang to Port Klang in Selangor, has been finalised.
SRC trial: As then finance minister, Najib cannot say he could not manage own bank accounts — prosecution
KUALA LUMPUR (Oct 23): The prosecution in Datuk Seri Najib Razak’s SRC International Sdn Bhd graft trial involving RM42 million of the company’s funds has shot down the rationale that he could not manage his own bank accounts, given he was also then finance minister in charge of the nation’s finances.
SRC trial: Najib cannot be charged with money laundering as predicate offence has not been proven, says defence
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.
Syed Mokhtar’s firm allowed to proceed with suit over SFI takeover
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).
FundMyHome at SCxSC Fintech Conference
PETALING JAYA (Oct 22): FundMyHome (FMH) is currently taking part in the two-day SCxSC Fintech Conference organised by Securities Commission Malaysia (SC).
Putrajaya paid US$50.3m interest payment for 1MDB Langat bond on Oct 18
KUALA LUMPUR (Oct 22): 1Malaysia Development Bhd (1MDB) has made a payment of US$50.
Lebanese jeweller suddenly withdraws RM60m suit against Rosmah
KUALA LUMPUR (Oct 22): Lebanese jeweller Global Royalty SAL has suddenly withdrawn its suit against Datin Seri Rosmah Mansor over the handover of 44 pieces of jewellery to her that were worth US$14.
Prosecution gains leave to show cause Lokman
KUALA LUMPUR (Oct 22): The Attorney General has today obtained leave (permission) from the High Court here to institute contempt proceedings against Umno Supreme Council member Datuk Lokman Noor Adam for disrupting the administration of justice.
