News about suit

KUALA LUMPUR (Oct 22): The hearing of the government’s forfeiture of US$340 million which allegedly belongs to 1Malaysia Development Bhd (1MDB) from Saudi national Tarek Obaid and others is set to continue in December after UK law firm Clyde & Co LLP, which is named in the suit, declined to respond to and file affidavits on documents it was served.

KUALA LUMPUR (Oct 15): Axteria Group Bhd, which was formerly known as Acoustech Bhd, announced on Friday it has signed a non-binding letter of intent with Far East Hospitality Management (S) Pte Ltd (FEH) expressing its intent in managing the hotel and serviced suites located in Kota Laksamana, Melaka which are currently being developed by its wholly-owned subsidiaries Axteria Assets Sdn Bhd and Axteria Eco Sdn Bhd.

KUALA LUMPUR (Sept 18): Tan Sri Azman Yahya stepped down as executive chairman of Symphony Life Bhd (SLB) on April 2 this year and it “was not long after that that trouble started brewing at the company,” The Edge Malaysia reported this week.

KUALA LUMPUR (Sept 14): After failing three times to hand over legal documents to their stipulated addresses in Malaysia, lawyers for 1Malaysia Development Bhd (1MDB) will be applying to the court to utilise substituted service to serve them to Jho Low (pictured), his parents Tan Sri Larry Low Hock Peng and Puan Sri Goh Gaik Ewe, and associate Eric Tan Kim Loong.

Read also DONE DEAL: Condominium at Kiaramas Sutera Condominium, Kuala Lumpur DONE DEAL: Two adjoining ground floor shop units at Ampang Point Commercial Centre, Ampang, Kuala Lumpur Developed by Kiara East Property, Kiara East Suite DEX is a leasehold condominium located in the north-east fringe of Kuala Lumpur city bordered by Jalan Ipoh and Jalan Kuching.

LONDON (Sept 3): Premium property developer and hotelier Eastern and Oriental Bhd (E&O) has officially opened its 54-room serviced apartment hotel in London on Aug 31, 2021, E&O chairman Datuk Tee Eng Ho announced today.

KUALA LUMPUR (Sept 2): The High Court here has ordered Datuk Seri Najib Tun Razak (pictured) to respond to the suit filed by SRC International Sdn Bhd against the former prime minster relating to alleged breach of trust and breach of statutory duty involving SRC funds totalling RM42 million by Oct 11.

PUTRAJAYA (Aug 27): The Court of Appeal has fixed Sept 23 as the date to deliver its decision on the discovery application by the family of Altantuya Shaariibuu (pictured), who filed a RM100 million suit over her gruesome death 15 years ago.

KUALA LUMPUR (Aug 21): Country Heights Holdings Bhd (CHHB) said yesterday the property developer proposes to undertake a private placement of up to 54.

KUALA LUMPUR (Aug 5): Google has been accused of getting an “edge” in online advertising by going on a deal with Facebook.