PRG ventures into timber logging to diversify revenue

KUALA LUMPUR (Oct 8): PRG Holdings Bhd, which is mainly involved in the manufacturing of webbings, furniture components, other fabric items, as well as the property sector, is now venturing into the timber export business as a means to diversify its revenue stream amidst an economic slowdown.

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Ann Joo, Southern Steel join forces

KUALA LUMPUR (Oct 8): Ann Joo Resources Bhd (AJRB) and Southern Steel Bhd (SSB) are joining forces via a 55:45 joint venture (JV) company to synergise opportunities in the long product steel manufacturing business.

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1MDB-Tanore trial: Shahrol another recipient of Jho Low's BlackBerry

KUALA LUMPUR (Oct 7): Just like ex-premier Datuk Seri Najib Razak's former special officer Datuk Amhari Efendi Nazaruddin, former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) also was gifted BlackBerry phones by fugitive businessman Low Taek Jho (Jho Low) to discuss 1MDB matters outside of the official channels, the High Court heard today.

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