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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 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 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 17 Sep 2014 | 3:32 PM Premium

EPF: 249 company directors prevented from leaving Malaysia

KUALA LUMPUR: A total of 249 names of company directors had been submitted to the Immigration Department to prevent them from leaving the country without first settling their Employees Provident Fund (EPF) contribution arrears.

Business 08 Jul 2015 | 12:00 AM Premium

Halim loses final legal bid against Khazanah

Federal Court stops him from proceeding with RM1.8bil suit against Khazanah

Business 12 Aug 2016 | 10:01 AM Premium

How British firms built a pyramid scheme in China that lost millions

SHANGHAI: As David Byrne ate breakfast at the Tongli Lakeview Hotel outside Shanghai one Sunday in April, an angry customer was waiting for him.

Business 10 Oct 2016 | 12:00 AM Premium

IRB’s carrot and stick approach

BUDGET 2017 is just round the corner and there are various expectations on what the budget will entail.

Business 24 Dec 2016 | 12:00 AM Premium

Deutsche Bank, Credit Suisse settle US probes as Barclays sued

ZURICH: Deutsche Bank AG and Credit Suisse Group AG agreed to pay a combined US$12.5bil to resolve US investigations into sales of the toxic debt that fuelled the financial crisis, putting behind them a major dispute that had weighed on their shares and raised questions about their turnaround plans.

Business 05 Aug 2017 | 12:00 AM Premium

Sorry is not a bad word

ARE apologies taboo in corporate Malaysia? Or are CEOs and boards incapable of publicly owning up to mistakes or failure to do their jobs well? It’s fair to say that sorry seems to be the hardest word for the men and women at the helm of our biggest businesses.

Business 05 Sep 2017 | 7:19 AM Premium

Australia’s Commonwealth Bank slapped with class-action suit

SYDNEY: Commonwealth Bank of Australia was hit on Tuesday with potentially Australia’s biggest class-action lawsuit over a money-laundering scandal that has already smashed its share price and exposed it to billions of dollars in fines.