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MBSB to increase loan disbursement to RM14bil

KUALA LUMPUR: The Malaysian Building Society Berhad (MBSB) is planning to increase its loan disbursement to around RM14bil by the end of the year, says its president an chief executive officer Datuk Ahmad Zaini Othman.


Gold Coast trip for winners of kids’ reality show

MBSB president and chief executive officer of Datuk Ahmad Zaini Othman presented RM30,000 and an all-expense paid trip to Warner Bros Movie World in Gold Coast, Australia, to the winners of the i>Over The Top/i>, a TV reality show for children, at its grand finale in Sunway Lagoon recently.


CBT issue disclosed in report

A former Perwaja Steel Sdn Bhd senior group general manager testified that he had prepared a report confirming a misappropriation of funds and a breach of trust involving the supposed RM76.4mil payment to NKK Corporation, Japan.


Chia 'worked as MD for free'

Tan Sri Eric Chia did not receive any salary throughout his tenure as Perwaja Steel Sdn Bhd's managing director, the Sessions Court heard Friday.


NKK 'did not seek RM76m'

NKK Corporation of Japan never asked for a RM76.4mil payment for its technical services from Perwaja Rolling Mill and Development Sdn Bhd, the Sessions Court heard Friday.


LBS launches latest phase of D’ Island Residence

PROPERTY developer LBS Bina Group Bhd launched the latest phase of its flagship high-end development D’ Island Residence in Puchong last Saturday.


MBSB Masai centre relocated to Tebrau

JOHOR BARU: Malaysia Building Society Bhd (MBSB) has relocated its Masai sales and service centre (now known as Tebrau sales and service centre) to Taman Mount Austin near here.


Rumours led accounting director to probe in 1995

Rumours that the authorities were looking at a 'questionable' RM76.4mil payment to NKK Corporation, Japan, prompted a former Perwaja Steel Sdn Bhd corporate accounting director to verify the transaction, the Sessions Court heard on Thursday.


Late Abdul Ghafar Baba and Zabidi to receive Datuk Seri Utama title on City Day

PETALING JAYA: Former deputy prime minister, the late Tun Abdul Ghafar Baba and former Public Service Department (PSD) director-general Tan Sri Mohamad Zabidi Zainal head the list of 375 recipients of awards and medals conferred in conjunction with this year’s Federal Territory day.


Top exec: Allowing firms to provide financing will boost property market

PETALING JAYA: A major property developer has expressed support for the move to allow housing developers to apply for moneylender licences to provide loans to property buyers.