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Corporate News 22 Jul 2017 | 2:06 PM

Chinese government official sues exiled tycoon Guo for defamation

BEIJING: A Chinese government housing vice-minister has lodged a $10 million defamation lawsuit against controversial billionaire Guo Wengui in New York over claims made by the exiled tycoon that she had engaged in graft and provided sexual favours.

Corporate News 15 Aug 2016 | 12:54 AM

Trading ideas: UEM Edgenta, SMTrack, Petronas Gas, Guan Chong

KUALA LUMPUR: JF Apex Research expects UEM Edgenta, SMTrack, Petronas Gas and Guan Chong to be among the stocks which could attract trading action on Monday.

Property 26 Mar 2015 | 12:00 AM

Suits withdrawn by parties

PETALING JAYA: Oil and gas services provider Tanjung Offshore Bhd has withdrawn its civil suit against director Tan Sri Tan Kean Soon (pic) and five others, while Kean Soon has dropped a suit against several directors and officials of the company.

Corporate News 11 Sep 2014 | 12:00 AM

Asia Media sued by former CFO

PETALING JAYA: Asia Media Group Bhd has been served with a writ and statement of claim dated Sept 5 by its former chief financial officer Ang Lay Chieng.

Business 15 Jul 2014 | 12:00 AM

Plot thickens at Harvest

KUALA LUMPUR: The embattled chief executive of Harvest Court Industries Bhd, Datuk Raymond Chan, made public a taped conversation that he claims proved that parties out to oust him controlled more than 33% of the company and were avoiding a mandatory general takeover (MGO).

Business 18 Dec 2013 | 9:03 AM

US Industry summary Dec 18

ABC News seeks to have US$1.2 billion 'pink slime' U.S. defamation suit dismissed

Business 30 May 2013 | 12:00 AM

Universal, Robinsons fail to reach deal on Manila casino

MANILA: Philippine property firm Robinsons Land Corp and Japan’s Universal Entertainment Corp said they ended talks over a planned joint development of a US$2bil casino-resort complex in Manila without a deal.

Business 29 May 2013 | 4:11 PM

Universal, Robinsons fail to reach deal on Manila casino

TOKYO/MANILA: Philippine property firm Robinsons Land Corp and Japan's Universal Entertainment Corp <6425.OS> have ended talks over a planned joint development of a $2 billion casino-resort complex in Manila without concluding a deal, said two people with direct knowledge of the matter.

Business 18 Mar 2013 | 12:00 AM

FBI probe on Universal focuses on US$25mil consultant fee

TOKYO: The FBI and Philippine investigators probing potential bribery related to Universal Entertainment Corp’s bid to build a casino in Manila have zeroed in on a US$25mil payment the Japanese company now says should never have been made.

Business 04 Aug 2012 | 12:00 AM

Pacific Inter-Link loses appeal

PETALING JAYA: Malaysian palm oil trader Pacific Inter-Link Sdn Bhd has lost its appeal against Wilmar International, the plantation giant controlled by tycoon Robert Kuok.