1MDB-Tanore trial vacated to make way for last leg of SRC, to resume on June 29
KUALA LUMPUR (June 4): The 1MDB-Tanore trial will resume on June 29 as it has been vacated today to make way for the last leg of the SRC International Sdn Bhd trial.
Berjaya Corp seeks shareholder ratification for sale of Four Seasons Hotel Kyoto, to realise RM649m gain
KUALA LUMPUR (June 4): Tan Sri Vincent Tan Chee Yioun-controlled Berjaya Corp Bhd (BCorp) is seeking shareholder ratification for the disposal of its beneficial interest in Four Seasons Hotel & Hotel Residence in Kyoto, Japan to Godo Kiasha Tigre (GKT) for 50.
Study: Covid-19 coronavirus may damage testicles
KUALA LUMPUR (June 4): It has been found that men seem to suffer more from Covid-19 infections compared with women but there is now more bad news for the guys.
Report: More retrenchments at Media Prima expected
PETALING JAYA (June 4): Media Prima Bhd is likely to conduct “its second retrenchment exercise which could affect some 300 staff members”, reported FMT yesterday.
Hotel closures, staff reduction, paycuts for Swiss Garden International
KUALA LUMPUR (June 4): More hotel closures seem to be the order of the day due to the Covid-19 pandemic and the latest casualties are three Swiss Garden International (SGI) hotels across the country, the New Straits Times (NST) reported today.
Hastiness in issuance of GG and KWAP loan raises suspicions, prosecution submits in Najib trial
KUALA LUMPUR (June 3): The hastiness in the issuance of the government guarantee (GG), and disbursement of funds, with regards to the RM4 billion loan taken by SRC International Sdn Bhd from the Retirement Fund Inc (KWAP) raises suspicions and points to power abuse, the High Court was told today.
PM ends self-quarantine today, will return to work tomorrow
KUALA LUMPUR (June 3): Prime Minister Tan Sri Muhyiddin Yassin (pictured) and all the other government officers who were involved in the post-Cabinet meeting on May 20 have ended their 14-day self-quarantine today and will return to work as normal tomorrow, according to Health Ministry director-general Datuk Dr Noor Hisham Abdullah.
Najib not aware of bank account balances? Evidence shows otherwise, prosecution submits
KUALA LUMPUR (June 3): Datuk Seri Najib Razak (pictured) was aware of the state of his accounts when he issued cheques, the prosecution submitted in the ex-premier’s trial today, pointing to the timing of the funding of his accounts by fugitive businessman Jho Low and the subsequent spending of the money by Najib.
Prosecution says no need to call SRC CFO to the stand as other witnesses had verified fund transfers
KUALA LUMPUR (June 3): The prosecution at the SRC International Sdn Bhd trial explained that they did not need to call SRC’s chief financial officer (CFO) See Yoke Peng as a witness to verify that she had approved the transfer of hundreds of millions of ringgit out of the company as other witnesses had already verified this fact.
