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South Africa's Nelson Mandela discharged from hospital

JOHANNESBURG (Reuters) - Former South African president Nelson Mandela has been discharged from hospital after routine tests and is well, the government said on Sunday.

Corporate News

Ex-Maxbiz MD, shareholder acquitted of insider trading charges

KUALA LUMPUR: Former managing director of Maxbiz Corp Bhd Datuk Vincent Leong Jee Wai and substantial shareholder Datuk Andrew Leong Wye Keong have been discharged and acquitted from all charges in relation to insider trading in the company's shares.


MUH executive chairman, other directors acquitted

KUALA LUMPUR: The Magistrates Court has discharged and acquitted Multi-Usage Holdings Bhd (MUH) directors Ang Kim Cheng @ Ang Teng Kok and Ang Hwei Chyn, as well as former directors Cheah Chin Huat and Abdul Aziz Mat, of the charge of failing to circulate a notice for the company’s AGM that included proposals of certain shareholders.


Of jury duty and global co-existence

ONLY in the United States.


Malaysian nanotech firm signs RM257mil MoU with Swiss company

ASTANA, KAZAKHSTAN: A Malaysian nanotechnology company at the Astana Expo 2017 here has exchanged a US$60mil (RM257mil) memorandum of understanding (MoU) with a Swiss-based company.


KNH nears phase 1 completion of RM2.5bil wastewater project

KUCHING: The Kumpulan Nishimatsu-Hock Seng Lee (KNH) consortium is in the final stages of negotiations with Sarawak state authorities on the Kuching centralised wastewater management system project package 2 contract.


Two cheers, not quite three

Shireen Muhiudeen points out the key to improving transparency and attracting capital back is to ensure that companies and regulators communicate their decisions clearly to the capital markets.


Silver Bird auditors deny allegations

PETALING JAYA: The external auditors of Silver Bird Group Bhd have denied the allegations of negligence and breach of duty of care by the Practice Note 17 company.