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It was theft, lawyer for Najib claims
PUTRAJAYA: The Court of Appeal was told that what had happened to the RM4bil loaned by the Retirement Fund Inc (KWAP) to SRC International Sdn Bhd was a theft and not a misappropriation of funds by former prime minister Datuk Seri Najib Razak.
RM4bil loaned by KWAP to SRC was stolen by other individuals, appeals court told
PUTRAJAYA: The RM4bil loaned by the Retirement Fund Inc (KWAP) to SRC International Sdn Bhd and moved out of the company was a theft committed by other individuals, the Court of Appeal here was told.
AMMB’s private placement a welcomed move
PETALING JAYA: While it came as a surprise to many, AMMB Holdings Bhd’s proposed private placement has been mostly well received by analysts as a measure to strengthen the group’s capital position.
Strong rebound
After a challenging year which led to a 5.6% contraction, Bank Negara expects a strong rebound in economic growth of 6% to 7.5% this year.
Jeffrey says can't be loud anymore, now working within govt for MA63 rights
KOTA KINABALU: The fight for the rights of Sabah under the Malaysia Agreement 1963 (MA63) is still on, says Sabah STAR president Datuk Seri Dr Jeffrey Kitingan.
CM: Batang Lupar bridge a vital link for Sarawak coastal areas
KUCHING: The Batang Lupar bridge will be a key component in Sarawak’s coastal road network upon its completion in four years’ time, says Datuk Patinggi Abang Johari Tun Openg.
With a million tonnes of plastic thrown away each year, Malaysia loses RM4bil in recycling revenue
PETALING JAYA: The country's economy loses an estimated US$1bil (RM4.12bil) a year because about 75% of plastic waste does not end up being recycled, according to a report by the World Bank.
Batang Lupar bridge a vital link to connect Sarawak’s coastal areas, says CM
KUCHING: The Batang Lupar bridge will be a key component in Sarawak's coastal road network when it is completed in 2025, says Datuk Patinggi Abang Johari Tun Openg.
Telcos, Genting weigh on KLCI, Dataprep hits limit-down
Telcos staged a pullback and weighed on the FBM KLCI on Monday while IHH Healthcare and MAHB fell on concerns about their operations in Turkey.
Better profits projected for Bursa on high average daily volumes
PETALING JAYA: In expectations that equity average daily volumes (ADV) on Bursa Malaysia would remain high over the near term, Maybank Investment Bank (IB) Research has raised its earnings and dividend forecasts on the exchange operator.