Report: IWH planning US$1.2b IPO in 1H2021
KUALA LUMPUR (Sept 16): Iskandar Waterfront Holdings (IWH) plans to list in the first half of 2021 to raise at least RM5 billion (US$1.
Guan Eng claims trial to two charges of misappropriation of property
BUTTERWORTH (Sept 11): Former Finance Minister Lim Guan Eng (pictured) today claimed trial at the Sessions Court here towards two counts of dishonestly misappropriating of two properties namely in releasing two plots of land to Zenith Urban Development Sdn Bhd and Ewein Zenith Sdn Bhd, which are linked to the state’s underground tunnel project.
Court to hear Kit Siang's defamation suit against Hanif Omar next March
KUALA LUMPUR (Sept 9): The High Court has fixed March next year to hear veteran politician Lim Kit Siang's (pictured) suit over alleged defamatory words made against him by former inspector-general of police (IGP) Tun Hanif Omar at a convention in 2018.
Guan Eng: New charges of dishonest misappropriation of property 'politically-motivated'
KUALA LUMPUR (Sept 9): Former finance minister Lim Guan Eng (pictured) had today claimed that the timing of the new charges of dishonest misappropriation of property against him proves that the prosecution is "politically-motivated", noting that filing of the charges at the Butterworth Sessions Court this Friday (Sept 11) comes a day before nomination day for the Sabah state election on Saturday (Sept 12).
Guan Eng to be slapped with two more charges
KUALA LUMPUR (Sept 9): Former Penang chief minister Lim Guan Eng (pictured) will face two new charges in Butterworth on Friday, Sept 11.
Lim Kok Thay sells Genting HK's Zouk to his son
KUALA LUMPUR (Sept 1): Cruise ship operator Genting Hong Kong Ltd (GEN HK) is selling Zouk Group, a nightclub operator, for HK$79.
Lim Kok Thay’s son resigns from Genting HK as the cruise operator finds ways to keep concern going
KUALA LUMPUR (Aug 31): Genting Hong Kong Ltd (GEN HK) announced the resignation of its controlling shareholder’s son Lim Keong Hui (pictured) from the board.
MTUC president wants labour ratio of 10 locals to a foreigner
PETALING JAYA (Aug 22): Malaysian Trades Union Congress (MTUC) president Abdul Halim Mansor wants the government to “enforce a ratio of locals to foreigners that’s 10-1” in the work force, FMT reported today.
Cross default unlikely in Genting group as Genting HK suspends payments to lenders
KUALA LUMPUR (Aug 21): News on Genting Hong Kong Ltd (Gent HK) opting to suspend payments to all creditors to preserve cash is expected to trigger a knee-jerk reaction to the share prices of its sister companies — Genting Bhd and Genting Malaysia Bhd (GENTM) on Bursa Malaysia, although the duo do not hold any equity stake in the Hong Kong-listed cruise operator.
