Three Felda board members under probe

KUALA LUMPUR (Jan 11): Three board members of Federal Land Development Authority (Felda) Investment Corp Sdn Bhd (FIC) who were supposed to be in office at the time of the controversial Jalan Semarak land deal are also under probe by the Malaysian Anti-Corruption Commission (MACC) over the purchase of hotels in London and Sarawak, the English daily New Straits Times reported today.

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MCT will not seek alternative takeover offer

KUALA LUMPUR (Jan 11): MCT Bhd, which recently received a takeover offer from its major shareholder Regent Wise Investments Ltd (RWIL) at 88 sen per share, said it will not seek an alternative person to make a takeover offer for the offer shares.

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