Malaysia 7th biggest spender as Alibaba 'Double 11' sales hit RM5.9b in 1.36min
PETALING JAYA (Nov 11): Chinese e-commerce Alibaba Group Holding’s Singles’ Day shopping bonanza has hit a record 10 billion Chinese Yuan in the first 1.
Najib was SRC shadow director and had enormous influence, judge says
KUALA LUMPUR (Nov 11): High Court Judge Mohd Nazlan Mohd Ghazali said today that based on totality of evidence, it can be construed that Datuk Seri Najib Abdul Razak was a shadow director of SRC International Sdn Bhd and that it was on Najib's directive a sum of RM1.
High Court orders Najib to enter defence in SRC case
KUALA LUMPUR (Nov 11): Once Malaysia's highest ranking politician, Datuk Seri Najib Abdul Razak has today been ordered by the High Court to enter his defence for the three criminal breach of trust, an abuse of power and three money laundering charges involving RM42 million of SRC International Sdn Bhd funds.
GDB targets RM1b turnover in five years
KUALA LUMPUR (Nov 11): Construction company GDB Holdings Bhd, which made its debut on the ACE Market of Bursa Malaysia a year and a half ago, is aiming to achieve a turnover of RM1 billion in the next five years.
Chin Hin sells properties to major shareholders
KUALA LUMPUR (Nov 8): Chin Hin Group Bhd's subsidiaries are selling RM76.
26 Singaporeans injured in Batam bridge collapse
SINGAPORE (Nov 7): At least 26 Singaporeans were injured after a wooden bridge collapsed at a hotel in Batam, Indonesia on yesterday afternoon, according to various media.
Shahrol: KPMG and Deloitte did not raise any issues on PSI's credibility
KUALA LUMPUR (Nov 8): The auditors of 1Malaysia Development Bhd (1MDB) namely KPMG and Deloitte did not raise any substantial issues on the credibility of PetroSaudi International Ltd (PSI) to the board of directors, said former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi.
Sentoria plans RM49.5m land sale in Langkawi resort project to rope in strategic investor
KUALA LUMPUR (Nov 8): Property developer and resort operator Sentoria Group Bhd plans to give up ownership of part of a plot of land for its Langkawi Geopark Resort City project to bring in a strategic investor for the resort development.
Shahrol: I didn’t suspect anything amiss over transfer of 1MDB money to Jho Low's firm
KUALA LUMPUR (Nov 8): 1Malaysia Development Bhd (1MDB) did not suspect anything amiss when transferring US$330 million meant for PetroSaudi International Ltd (PSI) into the account of Good Star Ltd in 2011, despite its earlier experiences with Good Star in 2009, the High Court was told yesterday.
Report: Hong Kong investors discovering Spanish property, 'route' to permanent residency in the EU
KUALA LUMPUR (Nov 7): With the ongoing political turmoil continue to plague Hong Kong, increasingly more of its citizens are discovering investment opportunities in Spain’s property market.
