‘Jho Low was Najib’s alter ego, mirror image’
This case concerns the monies of a company called 1Malaysia Development Bhd, widely known as 1MDB.
Sime Darby Property's profit quadruples in 2Q, declares 1 sen dividend
KUALA LUMPUR (Aug 28): Improved contribution from its property development segment boosted Sime Darby Property Bhd's earnings by more than four-fold to RM205.
Paramount plans RM900m property launches, to double co-working space
SHAH ALAM (Aug 28): Paramount Corp Bhd said today the real estate developer is planning new property launches worth some RM900 million in the second half of 2019 to achieve its RM1 billion sales target for the year.
UEM Sunrise posts lower 2Q earnings on absence of gain
KUALA LUMPUR (Aug 28): UEM Sunrise Bhd's net profit came in 81.
Alter ego, fake donation letter? Prove it, Shafee tells prosecution in 1MDB-Tanore case
KUALA LUMPUR (Aug 28): Datuk Seri Najib Razak's lawyer maintains that the former premier has been misled by fugitive financier Jho Low on the dealings of 1Malaysia Development Bhd (1MDB).
E&O targets RM300m in sales for FY20
KUALA LUMPUR (Aug 28): Eastern & Oriental Bhd (E&O) is looking to sell RM300 million in property inventory in its current financial year (FY20).
Sime Darby confirms Abdul Rahman will take over as chairman
KUALA LUMPUR (Aug 28): Permodalan Nasional Bhd (PNB) president and group chief executive officer (CEO) Datuk Abdul Rahman Ahmad will assume the role of chairman and non-independent non-executive director of Sime Darby Bhd upon Tan Sri Dr Wan Abdul Aziz Wan Abdullah's retirement on Oct 31 this year.
Defence raises concerns over Sri Ram's appointment as 1MDB-Tanore case's lead prosecutor again, on first day of trial
KUALA LUMPUR (Aug 28): The defence in Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) trial today brought up the issue of Datuk Seri Gopal Sri Ram's appointment as a senior deputy public prosecutor in the case.
Najah Air said to have pulled out of race for Malaysia Airlines
KUALA LUMPUR (Aug 28): Najah Air Sdn Bhd, a six-man group of entrepreneurs led by AirAsia Group Bhd co-founder and former chairman Datuk Pahamin Ab Rajab, has pulled out of the potential bidding war for struggling Malaysia Airlines Bhd, according to sources.
KSL cash pile soars with higher profit but, sorry, no dividend
KUALA LUMPUR (Aug 28): KSL Holdings Bhd announced a 59.
