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Business 02 Oct 2010 | 12:00 AM Premium

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).

Business 30 Sep 2010 | 12:00 AM Premium

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.

Business 29 Sep 2010 | 12:00 AM Premium

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.

Business 04 Aug 2010 | 12:00 AM Premium

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).

Business 08 May 2010 | 12:00 AM Premium

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.

Business 22 Apr 2010 | 12:00 AM Premium

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.

Business 20 Mar 2010 | 12:00 AM Premium

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

Business 19 Feb 2010 | 12:00 AM Premium

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?

Business 27 Jan 2010 | 12:00 AM Premium

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.

Nation 26 Jan 2010 | 12:00 AM Premium

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.