Former 1MDB CEO concedes Goldman Sachs misled 1MDB board of directors

KUALA LUMPUR (July 15): In hindsight, former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) had conceded that Goldman Sachs' investment banking head in Southeast Asia Tim Leissner and his team had misled the investment fund’s board of directors with regard to the RM10.

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Berjaya Media to be delisted on Friday

KUALA LUMPUR (July 15): Berjaya Media Bhd (BMedia) will be delisted from the Main Market of Bursa Malaysia on Friday after Bursa Securities dismissed its appeal for an extension of time to submit its regularisation plan.

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Muji USA files for bankruptcy

    PETALING JAYA (JULY 13): Muji USA Ltd, the US unit of the  Japan-based lifestyle and apparel brand has filed for bankruptcy in the state of Delaware on July 10.

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