Encorp plans private placement to fund expansion activities and working capital
KUALA LUMPUR (Sept 24): Encorp Bhd plans to raise RM5.
More than 380,000 individuals have confirmed needing loan repayment help post-moratorium
KUALA LUMPUR (Sept 24): With the blanket automatic loan moratorium coming to an end next week, banks have contacted more than two million borrowers to offer loan repayment assistance after Sept 30, according to CIMB Group Holdings Bhd's group chief executive officer (CEO) Datuk Abdul Rahman Ahmad.
Malaysia’s new Covid-19 cases climb to 147, with three new deaths reported
KUALA LUMPUR (Sept 23): New Covid-19 infections in Malaysia climbed to 147, from 82 recorded yesterday, with three new fatalities as of noon today.
Court strikes out Deepak’s suit against UMW Toyota over Selangor land
KUALA LUMPUR (Sept 23): The High Court has struck out a claim against UMW Holdings Bhd’s subsidiary UMW Toyota Motor Sdn Bhd made by carpet salesman Deepak Jaikishnan concerning three pieces of land in Selangor.
Muhyiddin: Until proven otherwise, I'm still the rightful PM
KUALA LUMPUR (Sept 23): Prime Minister Tan Sri Muhyiddin Yassin (pictured) said opposition leader Datuk Seri Anwar Ibrahim must prove his claim that he has the parliamentary majority through the processes provided under the Federal Constitution.
Tengku Adnan trial: Prosecution says accused admitted no Umno Supreme Council member knew about purported donation
"Prosecution has managed to prove the mens rea," Julia said.
WORQ secures RM10m funding to expand into RM3b flexi-office market
KUALA LUMPUR (Sept 23): Malaysia-based coworking space operator WORQ has secured RM10 million in funding from seven follow-on investors that include the Singapore independent fund management company Phillip Capital Management.
SRC conviction: Prosecution yet to file appeal petition after deadline — source
KUALA LUMPUR (Sept 23): The prosecution in ex-prime minister Datuk Seri Najib Razak's (pictured) SRC International Sdn Bhd case had not filed its petition of appeal against the High Court's sentencing within the specified 10-day duration after the record of appeal was filed on Sept 10, 2020, a source familiar with matter told theedgemarkets.
IRB and Tengku Adnan agree to settle out of court RM57m in unpaid taxes
KUALA LUMPUR (Sept 23): The Inland Revenue Board (IRB) agreed today to settle former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's (pictured) income tax arrears out of court.
Dr M on Anwar’s majority claim: We will have to wait and see
KUALA LUMPUR (Sept 23): Former PM Tun Dr Mahathir Mohamad (pictured) said that “we will have to wait to see” when asked about PKR president Datuk Seri Anwar Ibrahim claims about getting majority support to form the next government.
