Genting Malaysia unit buys 13.2 million Empire shares from Kien Huat
KUALA LUMPUR (Nov 5): Genting Malaysia Bhd's wholly-owned subsidiary Genting (USA) Ltd (GenUSA) had on Monday (Nov 4) purchased 13.
Most of the funds raised for TRX, Bandar Malaysia went to PSI instead, says Shahrol
KUALA LUMPUR (Nov 4): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured, left) today revealed that most of the funds raised by the sovereign wealth fund intended to be utilised for the development of Tun Razak Exchange (TRX) and Bandar Malaysia had instead gone to PetroSaudi International Ltd (PSI).
Najib escapes further bail conditions, but judge 'won't tolerate attempts to mislead court'
KUALA LUMPUR (Nov 4): Datuk Seri Najib Razak (pictured) today avoided having further conditions imposed on his bail, after the prosecution questioned his presence in Johor last Friday.
Parcel quit rent should be calculated based on market conditions, say stakeholders
PETALING JAYA (Nov 4): Key industry stakeholders have raised concerns over the high rates resulting from the introduction of parcel quit rent for stratified properties.
Sri Ram's experience, expertise needed in 1MDB-Tanore case: AG
KUALA LUMPUR: Attorney-General (AG) Tan Sri Tommy Thomas said the 1Malaysia Development Bhd (1MDB)-Tanore trial requires the expertise of 76-year-old prosecutor Datuk Seri Gopal Sri Ram, a former Federal Court judge, as the case is a highly complex white collar crime case that calls for an all-round barrister to lead the prosecution exam.
Fugitive financier Jho Low holds Cyprus passport – report
KUALA LUMPUR (Nov 4): Fugitive Malaysian financier Low Taek Jho has been a Cyprus citizen for the past four years, according to Politis, a daily Greek-language newspaper published in Cyprus.
Menara Weld and The Weld Shopping Centre up for sale
KUALA LUMPUR (Nov 4): Great Eastern Life Assurance (M) Bhd, a unit of Singapore-listed Great Eastern Holdings Ltd, is calling for bids for the Menara Weld office building and The Weld Shopping Centre located within the Golden Triangle of Kuala Lumpur.
Media Prima: Staff affected by restructuring will receive fair compensation
KUALA LUMPUR (Nov 2): Media Prima Bhd says it is embarking on the next phase of its business transformation exercise and that all affected employees will receive a fair and equitable compensation package.
Hong Kong home prices fall as protests drag on
KUALA LUMPUR (Nov 1): Hong Kong is known for having sky high property prices but it looks like political and social turmoil has at last impacted the property market.
It is mind-boggling where PLUS money went, says Halim Saad
KUALA LUMPUR (Nov 1): Businessman Tan Sri Halim Saad, who wants to take over PLUS Malaysia Bhd, is questioning the financials of the highway concessionaire, including its high annual operating expenditure at RM1.
