The chief executive of one victim, depositor Saigonbank Berjaya Securities JSC (SBBS) - a unit of Malaysia's Berjaya Corporation Bhd - told Reuters that if the ruling was upheld, she had little hope of recouping her bank's $10 million from the perpetrator, who was sentenced to life imprisonment. "We can't afford to lose the case. This represents 70 percent of our capital. Our business may get suspended," Josephine Yei said in an interview.
PETALING JAYA: ARB Bhd
’s wholly-owned subsidiary Arbiot Sdn Bhd has entered into a memorandum of understanding (MoU) with Chean Chhoeng Thai Group Co Ltd (CCTG) to provide Internet of Things (IoT) and IT services to CCTG’s mixed-development project in Phnom Penh.
This marks ARB’s maiden foray into Cambodia.
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