YTL Corp 2Q net profit up 75% on improvement in utilities, construction, cement segments
KUALA LUMPUR (Feb 25): YTL Corp Bhd’s net profit jumped 75.
Ex-1MDB counsel Jasmine Loo’s Mont'Kiara home set to go under the hammer
KUALA LUMPUR (Feb 22): After being slapped with a suit for unpaid tax of RM2.
Najib's appeal in suit against AMMB, AMBank and Joanna Yu fixed in June
PUTRAJAYA (Feb 19) : Datuk Seri Najib Razak's appeal over the dismissal of his suit against against AMMB Holdings Bhd, AmBank Islamic Bank Bhd and the bank's former customer relationship manager Joanna Yu Ging Ping has been fixed for hearing at the Court of Appeal on June 25.
UEM Sunrise, Mulpha call off RM5b JV
KUALA LUMPUR (Feb 16): UEM Sunrise Bhd and Mulpha International Bhd have called off their joint venture (JV) for a RM5 billion gross development value mixed development in Nusajaya, Johor.
Foreclosure properties: It’s a buyer’s market
With the Covid-19 pandemic affecting the income source of many property owners, have more assets been placed under the hammer? For home-seekers and investors, is the auction market now offering value-worthy picks? A check with auction houses show that indeed, prices on the foreclosure market have slumped to as much as 30% to 40% below market value.
With no settlement yet, PetroSaudi International US$340m forfeiture scheduled for further case management on April 2
KUALA LUMPUR (Feb 4): The forfeiture action by the prosecution against Saudi national Tarek Obaid, PetroSaudi International Ltd (PSI), PetroSaudi Oil Services (Venezuela) Ltd (PSOSL), and two others over US$340 million in 1Malaysia Development Bhd (1MDB) funds is not settled yet, as parties will go for further case management.
Jiankun plans private placement to fund property project
KUALA LUMPUR (Jan 14): Jiankun International Bhd has proposed to undertake a private placement of up to 20% of the total number of issued shares in the company to raise an indicative maximum amount of RM23.
Najib seeks adjournment of Feb 15 start date of SRC appeal hearing
PUTRAJAYA (Jan 4): Former prime minister Datuk Seri Najib Razak, who has been sentenced to 12 years’ jail and fined RM210 million in the SRC International Sdn Bhd case, is seeking to delay the hearing of his appeal against his conviction and sentence in the Court of Appeal.
Najib's 1MDB trial vacated due to Shafee's request
KUALA LUMPUR (Jan 3): The 1Malaysia Development Bhd (1MDB) trial scheduled for tomorrow (Jan 4) involving former prime minister Datuk Seri Najib Razak has been vacated due to his lawyer Tan Sri Muhammad Shafee Abdullah's request.
Najib's lawyers and prosecution still checking SRC notes of proceedings
PUTRAJAYA (Dec 28): The defence and prosecution in Datuk Seri Najib Razak's SRC International Sdn Bhd case are making sure that the High Court's notes of proceedings, which found the former premier guilty of all seven counts of criminal breach of trust (CBT), abuse of power and money-laundering, are in order.
