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Directors deny abetting in RM50m withdrawal
Two directors of an asset management firm claimed trial in a Kuala Lumpur Sessions Court to abetting in an illegal withdrawal of funds from the client's trust account of Tabung Haji.
Director charged with CBT involving co-op funds
A fund management company director was charged in the Sessions Court with committing criminal breach of trust involving over RM16mil belonging to Koperasi Angkatan Tentera Malaysia Bhd.
Losses due to market forces, says SSB
The drop in unit price of the Saham Amanah Sabah is due to share market forces and 'no one person' can be blamed for it.
Shanghai opens up to foreign developers
SHANGHAI'S booming real-estate market is becoming more accessible to foreign players as China#8217;s restrictions on property loans and the introduction of public land tenders in its most affluent city opens up a more level playing field.
Higher dividend proposed for 10 million EPF members
More than 10 million EPF members can expect a small cheer this year. They will get a slightly higher dividend for their savings last year compared to the previous year, because it is understood that the EPF Board has recommended a dividend of between 4.5% and 5%.
Wooing the F1 guests
Prime Minister Datuk Seri Abdullah Ahmad Badawi has a directive for his Cabinet members and top government officials - make sure you entertain the guests at this weekend's Formula One events. Comment by Wong Chun Wai.
PM: Let’s promote our country as corporate nation with best practices
Malaysia wants to brand itself internationally as a corporate nation that emphasises quality, security, service and efficiency.
Radzi: Nothing new in APs allegation
There is nothing new in the allegations made by former Prime Minister Tun Dr Mahathir Mohamad that almost everyone working in Umno headquarters had 10 approved permits (APs) to import vehicles, party secretary-general Datuk Seri Radzi Mohd Sheikh Ahmad.
Foreign fund manager to oversee EPF investments
The Employees Provident Fund (EPF) has appointed a foreign fund manager to manage its investments overseas, said Prime Minister Datuk Seri Abdullah Ahmad Badawi.
