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KUALA LUMPUR: EON Capital Bhd (EON Cap) director Datuk Seri Dr Tiong Ik King yesterday testified in court on the conduct of Primus (M) Sdn Bhd, describing the latter as 'a dangerous investor' with a 'reckless' attitude towards the BAFIA (Banking Financial Institutions Act).
KUALA LUMPUR: EON Capital Bhd (EONCap) director Datuk Seri Dr Tiong Ik King did not manage to explain in the High Court yesterday what were the obstacles to Hong Leong Bank Bhd's (HLB) takeover offer of EON Cap which were discussed at two board meetings held in January this year as alleged in his affidavit.
KUALA LUMPUR: The hearing of the court case involving Primus (M) Sdn Bhd and nine EON Capital Bhd (EONCap) directors was adjourned yesterday due to an application by Debbie Leong from KN Kenanga Holdings Bhd to set aside her subpoena.
PETALING JAYA: EON Capital Bhd (EON Cap) has received the green light from the Government to enter into an agreement for the proposed RM5.06bil takeover by Hong Leong Bank Bhd (HLBB).
SEREMBAN: The chief executive officer of a company involved in livestock-farming and beef-production pleaded not guilty at the Sessions Court here to a charge of illegal deposit-taking activities.