Shahrol explains why 1MDB called repatriation of US$1.83b from 1MDB-PSI JV 'Project PITA'
KUALA LUMPUR (May 21): An internal memo among the board and management of 1Malaysia Development Bhd (1MDB) referred to the repatriation of US$1.
1MDB-Tanore trial: Defence, prosecution appears frustrated as judge maintains only three lawyers allowed
KUALA LUMPUR (May 20): Both the prosecution and defence in former prime minister Datuk Seri Najib Abdul Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial appeared frustrated today, as High Court judge Collin Lawrence Sequerah refused their request to have more lawyers during the proceedings.
Shahrol denies change of 1MDB auditor was to sweep 'everything under the carpet'
KUALA LUMPUR (May 20): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi denied that he swept "everything under the carpet" by changing the external auditor which declined to sign off the accounts.
Riza Aziz to be called as prosecution witness in 1MDB trial
KUALA LUMPUR (May 19): The prosecution in the 1Malaysia Development Bhd (1MDB)-Tanore trial told the High Court today that they intend to call Riza Aziz as a witness as he is ready to give evidence.
Riza agrees to forfeit money of various denominations from Najib's house
KUALA LUMPUR (May 19): Datuk Seri Najib Abdul Razak's stepson Riza Shahriz Abdul Aziz today agreed to forfeit RM537,000, Sri Lanka rupee 2.
MTD ACPI bags RM184m construction project in Perlis
KUALA LUMPUR (May 15): MTD ACPI Engineering Bhd has bagged a RM184.
London Biscuits sells industrial land for RM70m to pay off creditors
KUALA LUMPUR (May 7): London Biscuits Bhd, which is currently under liquidation, is selling seven parcels of freehold industrial land in Johor Bahru for RM70 million.
Demand for warehouses up but industrial overhang continues to rise
PETALING JAYA (April 30): The expansion of e-commerce may have spurred demand for warehouses/logistics-related properties but the overhang of industrial property sub-segment has seen overhang units rising since 2015.
AMMB and AmIslamic seek to strike out Najib's suit
KUALA LUMPUR (March 25): AmBank Islamic Bhd and AMMB Holdings Bhd have joined with former relationship manager Joanna Yu Ging Ping to file a striking-out application of the suit filed against them by former premier Datuk Seri Najib Abdul Razak.
Criminal, civil trials postponed until March 31
PUTRAJAYA (March 17): Criminal and civil trials scheduled between tomorrow and March 31 have been postponed, in line with the restriction of movement order issued by Prime Minister Tan Sri Muhyiddin Yassin last night.
