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Corporate News 28 Jun 2016 | 3:12 PM

Wah Seong unit has broken no law, bank accounts unfrozen

KUALA LUMPUR: Wah Seong Corp Bhd’s indirect unit PPI Industries Sdn Bhd, one of the steel players whose bank accounts were frozen under the Customs Department’s industry-wide audit earlier this year, did not break any law.

Business 28 Dec 2015 | 9:01 AM

China govt agencies to jointly punish firms that break the law

BEIJING: Twenty-two Chinese government bodies agreed on Monday to jointly mete out punishment to listed companies identified by the securities regulator to have broken the law.

Business 26 Nov 2011 | 12:00 AM

Bank Negara to look into enacting new law to govern gold and silver trading

SERI KEMBANGAN: Bank Negara has been asked to do a study on enacting a new law to govern trading in the gold and silver markets, said Deputy Finance Minister Datuk Donald Lim Siang Chai.

Business 15 Apr 2009 | 12:00 AM

SEC to see if Bank of America broke law

The US Securities and Exchange Commission (SEC) is reviewing if Bank of America Corp violated federal securities law by failing to disclose to shareholders Merrill Lynch's plan to pay US$3.62bil in bonuses before they voted for the merger of the banks, the i>Financial Times/isaid.

Business 21 Nov 2012 | 12:00 AM

Investors flock to Myanmar although investment law remains unclear

AS with any new market that is beginning to open up, Myanmar has been receiving its fair share of attention from investors, with most having only the foggiest idea of what to expect in a country where the military is still very much in power.

Business 20 Sep 2012 | 12:00 AM

Protracted Myanmar investment law faces further delay

YANGON: A long-awaited investment law in Myanmar is likely to be delayed until November after the president opted to return the latest draft to parliament, another setback for foreign firms eager to tap one of Asias last frontier markets.

Business 25 Sep 2012 | 12:00 AM

Federation wants anti-dumping law for steel products

The Malaysian Iron and Steel Industry Federation (MISIF) is hoping that the government will introduce an anti-dumping law for steel products being imported into Malaysia.

Business 26 Feb 2007 | 12:00 AM

Sarawak studying Federal law to extend liability period for new buildings with defects

Sarawak's Housing Ministry will study the details of an amendment to the housing development law requiring developers in Peninsular Malaysia to give a 24-month guarantee period for defect liability.

Business 09 Jul 2012 | 12:00 AM

Consultation needed on new gold and silver trading law

PETALING JAYA: A proposed law to regulate trading in gold and silver has yet to be formally discussed with industry participants, according to Tomei Consolidated Bhd group managing director Ng Yih Pyng.

Business 10 Jul 2012 | 12:00 AM

Situation fluid for Genting amid S’pore casino law review

PETALING JAYA: There is much uncertainty as to how the Singapore government’s proposed changes to its casino law will impact Genting Bhd and its 52%-owned unit Genting Singapore, whose Resorts World Sentosa is one of only two casino resorts in the island-republic.