MRCB issues perpetual sukuk to raise RM5b
KUALA LUMPUR (June 12): Malaysian Resources Corp Bhd (MRCB) is raising up to RM5 billion from a sukuk issuance to “fund business growth and to meet future funding requirements”.
Soft launch of Perla @ Ara Sentral gets good response
PETALING JAYA (June 11): Public transport operator Prasarana Malaysia Bhd serviced apartment project Perla @ Ara Sentral in Ara Damansara, Petaling Jaya has secured 70% bookings since the project's soft launch in February 2020.
Petrol dealers unaware on revocation of petrol price ceiling
PETALING JAYA (June 10): Petrol dealers say they are unaware of the Domestic Trade and Consumer Affairs Ministry‘s decision in revoking the price control order that set a price ceiling for RON95 petrol and diesel, the Malaysian Reserve reported today.
MACC calls in Warisan VP Peter Anthony to assist investigation on Sabah roadworks maintenance contracts
KUALA LUMPUR (June 9): The Malaysian Anti-Corruption Commission (MACC) has called in Sabah’s infrastructure development minister Datuk Peter Anthony to assist in a corruption investigation involving a slew of roadworks maintenance contracts issued by the Sabah state government.
Shafee: It's hard to mount a defence for Najib because of prejudice
KUALA LUMPUR (June 4): The defence in former Prime Minister Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial told the High Court here today that it was difficult to mount the best defence possible for their client as he was a prime minister and a man with immense power.
Prosecution in SRC trial asserts Najib had absolute knowledge of RM42m in his accounts
KUALA LUMPUR (June 3): The prosecution in Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial contended that the former prime minister had absolute knowledge of RM42 million from SRC which ended up in his accounts.
Najib did not check account as late secretary would have confirmed if there were enough: Defence
KUALA LUMPUR (June 3): The defence concluded its submissions on the three money laundering charges faced by Datuk Seri Najib Abdul Razak by saying that the former premier did not check the deposits in his accounts as he thought they were Saudi Arabian donations, and that his deceased senior private secretary would have confirmed if there were enough funds or not.
Perpetual securities: Singapore developers clear up misperceptions
SINGAPORE (May 30): On May 13, during a 1HFY2020 results briefing by Frasers Property’s (FPL) management, there were some questions on the company’s higher gearing, which had risen to 106.
Shahrol says he can't comment on whether Najib was involved in PSOSL deal
KUALA LUMPUR (May 21): Former 1MDB CEO Datuk Shahrol Azral Ibrahim Halmi told the High Court today that he could not comment on whether former prime minister Datuk Seri Najib Abdul Razak was involved in the dealings between the troubled fund and PetroSaudi International Ltd (PSI).
