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Letters 19 Jan 2021 | 7:00 AM

Effects of Industrial Relations Act amendments

A letter from LEONARD YEOH & PUA JUN WEN, Kuala Lumpur.

Business 25 Jul 2019 | 12:59 AM Premium

Facebook to pay record US$5bil US fine over privacy, faces antitrust probe

WASHINGTON: Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the U.S. Federal Trade Commission and the social media company said on Wednesday

Nation 22 Jun 2019 | 12:00 AM Premium

High Court quashes Industrial Court award

PETALING JAYA: The High Court has quashed an award of over RM1.2mil in backwages and compensation granted to a former managing director of Sime Darby Auto Selection Sdn Bhd.

Nation 27 May 2019 | 12:00 AM Premium

RM2.5mil for unjust dismissal

KUALA LUMPUR: A former chief operating officer and executive di­­rec­tor of Konsortium Transna­sional Bhd has been awarded nearly RM2.5mil for unjust dismis­sal.

Corporate News 05 Mar 2019 | 12:00 AM Premium

Cash call option for Bumi Armada

PETALING JAYA: Despite management’s guidance that there will not be an equity raising exercise in the near term, Bumi Armada Bhd may need to recapitalise its balance sheet, said KAF-Seagroatt & Campbell Securities.

Analyst Reports 04 Mar 2019 | 12:41 AM Premium

CIMB Research lowers Bumi Armada TP to 15 sen

KUALA LUMPUR: CIMB Equities Research has downgraded Bumi Armada from Add to Reduce and lowered the target price from 18 sen to 15 sen on concerns about a possible rights issue.

Corporate News 13 Feb 2019 | 11:12 PM Premium

Court overturns award to Hindustan Petroleum from Malaysia's M3nergy

NEW DELHI: An Indian high court has set aside an arbitration award of more than 8 billion rupees ($113.19 million) owed to India's Hindustan Petroleum Corp Ltd by Malaysia’s M3nergy, according to a court document reviewed by Reuters.