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KUALA LUMPUR: The Dana Penjana Nasional programme has raised RM850mil for its first close at end-May 2021, exceeding the target of RM228mil by RM622mil or 3.7 times.
WE are currently in MCO 3.0 lockdown mode, and there have been calls by various parties for an automatic blanket moratorium, like what we had during MCO 1.0.
PETALING JAYA: Penjana Kapital Sdn Bhd has successfully raised RM676mil through eight Malaysian-based venture capital (VC) fund managers that had been selected as part of the Dana Penjana Nasional programme.
KUALA LUMPUR: The Ministry of Finance (MoF) confirmed yesterday legal representatives of 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd had filed a total of 22 civil suits to recover RM96.6bil (US$23bil).
Tengku Zafrul said most significantly, the project is expected to generate more than 12,000 jobs and help upskill local talent and vendors, while supporting infrastructure development.
KUALA LUMPUR: The Ministry of Finance (MoF) has announced that AMMB Holdings Bhd (AMMB) has agreed to a RM2.83bil global settlement on all outstanding claims and actions in relation to the AmBank Group’s involvement in the 1Malaysia Development Bhd (1MDB) matter.
ON Jan 2, the Finance Minister wrote an op-ed in the StarBizWeek, which amongst other things, talked about the government “executing its Medium-Term Revenue Strategy... to meet medium-term revenue goals.”
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) and the Sarawak state government have signed a commercial settlement agreement on the issues involving the state’s sales tax and oil mining laws.