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Tiong: Primus a ‘dangerous investor’
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).
EONCap director fails to explain obstacles to Hong Leong Bank takeover offer
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.
Primus-EONCap hearing adjourned due to application by witness
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.
Government approves RM5bil EON Cap takeover by Hong Leong
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).
Bank Negara probes The Gold Label
KUALA LUMPUR: Bank Negara has commenced investigations into The Gold Label Sdn Bhd on suspicion of conducting illegal deposit taking and money laundering activities.
Illegal deposit-taking probe on Dencomm
PETALING JAYA: Bank Negara has commenced investigations on Dencomm Sales Services Sdn Bhd for alleged illegal deposit taking and money laundering activities.
Taking over companies
The Securities Commission has issued a detailed consultation paper to plug a loophole in the law that enables the take over of listed companies using only a simple majority of votes
Will EON Cap EGM proceed as planned on Monday?
PETALING JAYA: As the EON Capital Bhd (EON Cap) EGM to appoint eight new directors looms near, the main question is: Will the shareholders' meeting proceed as planned or will it be halted or adjourned?
EON Cap takeover saga heats up
PETALING JAYA: In what is turning out to be a heated takeover battle involving EON Capital Bhd, it is believed that property group Mulpha International Bhd has written to Bank Negara to seek the green light to start talks to acquire a stake in the bank.
CEO pleads not guilty to a charge of illegal deposit-taking
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.