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Property 08 Jul 2014 | 12:00 AM Premium

Sime Darby to unlock assets worth RM3bil

PETALING JAYA: Seven years after Sime Darby Bhd went through a mega-merger of all plantation companies under the Permodalan Nasional Bhd group, the group is now looking to unlock the value of its assets which is close to RM3bil.

Business 06 May 2014 | 12:00 AM Premium

EPF: 278 directors prevented from leaving Malaysia

KUALA LUMPUR: The Employees Provident Fund (EPF) submitted 278 names of defaulting company directors to the Immigration Department in the first quarter of this year to prevent them from leaving the country without first settling their employees’ EPF contribution arrears as provided under Section 39 of the EPF Act 1991.

Business 27 Dec 2013 | 2:58 PM Premium

Benalec to appoint new directors in next 6 months

SHAH ALAM: After the resignation of two former executive directors, Benalec Holdings Bhd expects to recruit professionals to fill in the gap that Datuk Leaw Tua Choon and Datuk Leaw Ah Chye left in the next six months.

Business 25 Feb 2013 | 12:00 AM Premium

US, Gulf states crafting BP spill settlement

NEW YORK: The US government and Gulf Coast states are considering offering BP Plc a deal under which it pays US$16bil to settle civil suits stemming from the deadly 2010 Deepwater Horizon explosion and oil spill, according to the Wall Street Journal.

Business 08 May 2012 | 12:00 AM Premium

EPF submits names of 442 defaulting directors to Immigration Dept

KUALA LUMPUR: The Employees Provident Fund (EPF) has submitted the names of 422 defaulting company directors to the Immigration Department for the period from January until March 2012 to prevent these directors from leaving the country without first settling their employees’ EPF contribution arrears.

Business 07 May 2012 | 12:00 AM Premium

EPF reports 422 defaulting company directors to Immigration

The Employees Provident Fund (EPF) submitted the names of 422 defaulting company directors to the Immigration Department between January and March 2012.

Business 15 Feb 2012 | 12:00 AM Premium

Danaharta, Tajudin agree to bear own cost of six-year legal battle

PUTRAJAYA: The six-year legal battle between former Malaysian Airline System Bhd (MAS) chairman Tan Sri Tajudin Ramli and Pengurusan Danaharta Nasional Bhd has been settled out of court.

Business 07 Sep 2011 | 12:00 AM Premium

Are minority shareholders being given the full picture of MAS-AirAsia collaboration?

THE recent share swap arrangement between the major shareholders of AirAsia and Malaysia Airlines (MAS) comes with the benefit of a period of contemplation.

Business 17 Aug 2011 | 12:00 AM Premium

TM, MAS confirm receiving govt letter on Tajudin’s out-of-court settlement

PETALING JAYA: Telekom Malaysia Bhd and Malaysia Airlines confirmed that they have received a letter from the Prime Minister's Department dated Aug 8, 2011 while Axiata Group Bhd and Atlan Holdings Bhd clarified that they haven't received any letter from the Government in relation to the out of court settlement of legal suits involving Tan Sri Tajudin Ramli.

Business 22 Mar 2011 | 12:00 AM Premium

Sime won’t be actively involved in third-party notices filed by ex-CEO

PETALING JAYA: Sime Darby Bhd will not be actively involved in the third party notices filed by the company's former chief Datuk Seri Ahmad Zubir Murshid against 22 individuals, which includes Sime Darby's chairman Tun Musa Hitam and some current board members of Sime, Kumpulan Sime Darby Bhd and Sime's subsidiaries.