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The Court of Appeal dismissed Tuesday an appeal by businessman Datuk Soh Chee Wen against an order for a RM2.96mil summary judgment awarded by the High Court to CIMB Securities Sdn Bhd about five years ago.
Malaysian companies have been urged to inculcate value-based management in human resources development and not focus merely on bottom-line business performance.
Malaysia's gross domestic product (GDP) grew by 5.2% last year - beating most analysts' expectations - on the back of higher consumer spending, soaring exports and stronger growth in investments.
The stock market key indicator punched convincingly through the 900 level on investor optimism that the Barisan Nasional government will win a clear mandate in this Sunday's general election.
Two securities firms and a dealer's representative were fined a total of RM1mil by the Sessions Court after they were found guilty for short-selling 141,000 units of Proton Bhd shares seven years ago.
Malaysia wants to brand itself internationally as a corporate nation that emphasises quality, security, service and efficiency.
Several major local banks Thursday night denied they were responsible for the sharp fall of stocks on Bursa Malaysia lately, and instead placed the blame on speculators and stock market syndicates.
The CIMB banking group will emerge as Malaysia's first universal banking entity with its investment banking business being integrated with that of Commerce Asset-Holding Bhd's (CAHB) commercial banking arm, Bumiputra-Commerce Bank Bhd (BCB).
The Univesity of Nottingham again proved its mettle in teaching, learning and research when one of its top students recently won industry recognition for her efforts.
Compiled by SHANTINI SUNTHARAJAH