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WHILE Fraser Neave Holdings Bhd's plan to take up a 23% stake in Cocoaland Holdings Bhd has drawn attention because it's the latest in a series of share acquisitions involving listed food players, there's another aspect of the FN-Cocoaland deal that deserves some discussion as well.
THE Dewan Rakyat recently heard that tax defaults involving several millionaires and a sum of RM247.8mil, represents only the tip of the iceberg as those involved come from just three places - Kuala Lumpur (KL), Sarawak and Penang.
KUALA LUMPUR: An international arbitration tribunal has ordered PT Ayunda Prima Mitra (PT APM) to immediately discontinue civil suits against Astro All Asia Networks Plc, its subsidiaries and group chief executive officer and executive deputy chairman Ralph Marshall.
Two hundred and eighty-six employers were fined a total of RM684,780 by the court from January to June 2007 for defaulting on their employees' contributions to the EPF