Controlling shareholder Tee family sells RM714m worth of real estate assets to GSB Group
KUALA LUMPUR (Aug 9): GSB Group Bhd’s controlling shareholder, the Tee family, is selling RM714 million worth of real estate assets to the company for RM714.
RON97 down five sen for Aug 10-16 period, RON95 and diesel unchanged
KUALA LUMPUR (Aug 9): The price of RON97 petrol will drop five sen to RM2.
Alibaba president among 17 charged over 1MDB scandal: Report
KUALA LUMPUR (Aug 9): Alibaba Group Holding Ltd president Michael Evans is among 17 current and former Goldman Sachs directors charged over their alleged roles in bond sales by 1MDB, reported Bloomberg today.
Number of Chinese tourists to Malaysia increasing
PETALING JAYA (Aug 9): China’s recent economic slowdown has not seemed to curtail its citizens from holidaying abroad, and Malaysia has been one of the beneficiairies of it.
17 former and current Goldman Sachs directors slapped with criminal charges over 1MDB
KUALA LUMPUR (Aug 9): 17 current and former Goldman Sachs directors belonging to three of its subsidiaries have been slapped with criminal charges over their handling of the 1 Malaysia Development Bhd (1MDB) scandal, with the government seeking custodial sentences.
High Court allows joint corruption trial for Ku Nan and Tan Eng Boon
KUALA LUMPUR (Aug 9): The High Court had today allowed the prosecution's application for the joint hearing of former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor (pictured) and Paragon Globe Bhd ex-chairman Datuk Tan Eng Boon's corruption trials, as the Criminal Procedural Code terms have been met.
Bung Moktar and Zizie's case to remain at Sessions Court
KUALA LUMPUR (Aug 9) The graft case against Kinabatangan MP, as well as former Felcra Bhd chairman Datuk Seri Bung Moktar Radin and his wife Datin Seri Zizie Izette A Samad, who are jointly charged with receiving RM2.
Riza Aziz RM1.18b money laundering trial tentatively set for January 2020
KUALA LUMPUR (Aug 9): The trial for Riza Shahriz Abdul Aziz (pictured), stepson of Datuk Seri Najib Razak, entailing five charges of money laundering amounting to US$248.
Advance Synergy to buy back resort hotel for RM23m
KUALA LUMPUR (Aug 9): Cherating Holiday Villa Bhd (CHV), an indirect wholly-owned unit of Advance Synergy Bhd, is planning to buy back a resort hotel in Cherating, Kuantan from Amanah Raya Bhd for RM22.
Sunway REIT 4Q NPI up 11%, declares 2.28 sen DPU
KUALA LUMPUR (Aug 9): Boosted by new income contribution from newly acquired Sunway university and college campus, as well as higher retail contribution, Sunway Real Estate Investment Trust (REIT) posted an 11% rise in net property income (NPI) to RM111.
