News about ra

KUALA LUMPUR (Oct 18): Selangor Dredging Bhd’s proposed disposal of 16 pieces of freehold land in Damansara Heights for RM71 million has fallen through.

KUALA LUMPUR (Oct 18): Animation Theme Park Sdn Bhd (ATP), a 51%-owned unit of loss-making Perak Corp Bhd (PCB), has defaulted on its repayment of a syndicated term loan facility of up to RM280 million.

How could a development add value for its residents and the community it is located in? For property developer Mah Sing Group Bhd, the answer lies in adopting sustainability practices that cover social, environmental and economic factors.

KUALA LUMPUR (Oct 18): Seacera Group Bhd has received another notice from shareholders seeking an extraordinary general meeting to vote on boardroom changes.

KUALA LUMPUR (Oct 18): The lead defence counsel in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) had yesterday accused a witness of lying to Datuk Seri Najib Abdul Razak about a US$1 billion investment into a joint venture with PetroSaudi International Ltd (PSI).

KUALA LUMPUR (Oct 17): 1Malaysia Development Bhd's (1MDB) Article 117 in its memorandum and articles of association (M&A), which requires written approval from the prime minister before the fund can decide on a wide range of matters, was not the first provision in a government-linked company to be structured that way, according to lead defence counsel Tan Sri Muhammad Shafee Abdullah.

KUALA LUMPUR (Oct 17): Prime Minister Tun Dr Mahathir Mohamad confirms today that the government will proceed with the Johor Bahru-Singapore Rapid Transit System (RTS) project, but says “it will take some time”.

KUALA LUMPUR (Oct 17): Malaysia's Attorney General Tan Sri Tommy Thomas said there are no plans to drop charges against Goldman Sachs and its directors as part of a settlement with the US investment bank over the 1MDB scandal.

KUALA LUMPUR (Oct 17): Widad Group Bhd, which is principally involved in construction and integrated facilities management, is forking out RM95.

KUALA LUMPUR (Oct 17): The government and Goldman Sachs has been in talks for Malaysian authorities to drop criminal charges against three of the bank's subsidiaries connected to the 1MDB scandal, Attorney General Tommy Thomas told the Nikkei Asian Review.