KUALA LUMPUR (Oct 21): An Asian subsidiary of Goldman Sachs will plead guilty to charges in the US to resolve a foreign corruption and bribery case over the looting of billions of dollars from a Malaysian sovereign wealth fund, The New York Times (NYT) reported, citing a person familiar with the agreement.
KUALA LUMPUR (Aug 12): The Ministry of Finance said it is confident that Malaysia will be able to regenerate its economy after the Covid-19 crisis settles down, highlighting the country’s sovereign ratings which are “still at high levels”.
There have been at least 15 global economic crises since 1990 (Table 1).
KUALA LUMPUR (March 2): Khazanah Nasional Bhd said health authorities has notified that one of the Malaysia sovereign wealth fund's employees has been diagnosed with COVID-19 and is now under the care of a government hospital.
KUALA LUMPUR (Dec 6): Singapore government has extended its Port Limits off Tuas today, which overlapped the area covered by recent Johor Bahru Port Limits extension.
KUALA LUMPUR (Aug 1): The next person to lead Khazanah Nasional Bhd as managing director should be a professional who is not politically active, and who has a proven record in management, said the sovereign wealth fund’s former managing director Tan Sri Mohd Sheriff Mohd Kassim.
KUALA LUMPUR (July 27): Prime Minister Tun Dr Mahathir Mohamad has "welcomed" the offers of resignation from the entire board of Khazanah Nasional Bhd.
SINGAPORE (Jan 4): The joint venture (JV) formed by Singapore sovereign wealth fund GIC, the Canada Pension Plan Investment Board and The Scion Group, has acquired a student housing portfolio in the US for approximately US$1.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
