High Court allows Zahid's seven corruption charges to be heard in Shah Alam

KUALA LUMPUR (Aug 28): The High Court here today had dismissed the prosecution's application to overturn the Sessions Court's earlier decision to transfer former deputy prime minister Datuk Seri Ahmad Zahid Hamidi's (pictured) trial involving seven corruption charges linked to Malaysia's foreign visa system to the Shah Alam Sessions Court.

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Yong Tai reports first annual loss in five years

KUALA LUMPUR (Aug 28): Melaka-centric township property developer Yong Tai Bhd announced its first annual net loss in five years, due to losses incurred at its Encore Melaka theatre and after booking a one-off impairment loss in relation to the Terra Square retail mall.

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Court fixes judge to hear Najib's bid to remove Sri Ram

KUALA LUMPUR (Aug 27): Datuk Seri Najib Razak's application to remove Datuk Gopal Sri Ram (pictured) from prosecuting the former prime minister in the 1Malaysia Development Bhd (1MDB) case will be heard by Justice Datuk Seri Mariana Yahaya, the High Court decided today.

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Invesco's Jalil to helm PNB

KUALA LUMPUR (Aug 27): Jalil Rasheed (pictured), the investment director for the Singapore office of UK-based fund manager Invesco, is set to assume the group chief executive seat at Permodalan Nasional Bhd (PNB).

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Kevin Morais not involved in SRC probe, court told

KUALA LUMPUR (Aug 27): The late deputy public prosecutor (DPP) Datuk Anthony Kevin Morais was not involved in investigations into the embezzlement of funds from former 1Malaysia Development Bhd (1MDB) subsidiary SRC International Sdn Bhd, the High Court was told today.

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