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Nation 08 Jan 2003 | 12:00 AM

Assemblyman not telling all, court told

Gemencheh state assemblyman Datuk Waad Mansor had participated in three exco meetings allowing a company to obtain quarry land when there was documentary evidence to show that his teacher wife was then a director and shareholder of the company, the Court of Appeal heard Tuesday.

Nation 28 Jun 2003 | 12:00 AM

Appeals Court finds Waad guilty of graft

The Court of Appeal overturned a High Court#8217;s decision to acquit Gemencheh assemblyman Datuk Waad Mansor and convicted him of three counts of corrupt practices, but instead of imposing a custodial sentence, it fined him RM45,000.

Business 12 Dec 2003 | 12:00 AM

News in brief

Nation 05 Jan 2005 | 12:00 AM

Two-year jail term for Waad

The Federal Court has ordered that a RM45,000 fine imposed on ex-Gemencheh assemblyman Datuk Waad Mansor be converted into a two-year jail sentence for each of three counts of corrupt practices he faced.

Business 20 May 2005 | 12:00 AM

Avenue Capital to divest stake in Pos Malaysia

AVENUE Capital Resources Bhd yesterday proposed to distribute to its shareholders RM237mil worth of the company's shares in PosMalaysia Services Holdings Bhd and will undertake a reorganisation to make its capital structure more efficient, group managing director Tengku Zafrul Abdul Aziz told the media.

Business 10 Oct 2005 | 12:00 AM

News in brief

News briefs on: Ranhill, Khazanah, Heitech, AMMB Holdings, PPB Oil Plams, Kosmo Technology, Mahajaya, U-Wood, OSK Ventures, Cagamas and Emas Kiara.

Business 11 Oct 2005 | 12:00 AM

Pos M’sia rebounds from 4-month low

POS Malaysia Services Holdings Bhd's share price rebounded from a four-month low to close 14 sen higher yesterday at RM3.28 after Khazanah Nasional Bhd emerged as its largest shareholder.

Business 06 May 2006 | 12:00 AM

Guthrie Ropel signs S&P deals for sale of land

Guthrie Ropel Bhd, a subsidiary of Kumpulan Guthrie Bhd, yesterday entered into sale and purchase agreements with Flora Horizon Sdn Bhd, Hartawan Development Sdn Bhd, Pilihan Teraju Sdn Bhd and Paduwan Development Sdn Bhd, for the sale of four parcels of Ladang Bertam in Malacca for RM91mil.

Nation 11 Aug 2006 | 12:00 AM

Bad calls led to Matrade mess

Poor decisions by the Finance Ministry and the Public Works Department led to mismanagement and loss of funds in the Malaysia External Trade Development Corporation (Matrade) building project.

Business 28 Oct 2006 | 12:00 AM

Pos Malaysia proposes to revamp and return cash

The suspension of trading in Pos Malaysia Services Holdings Bhd shares and the company's announcement of a proposed restructuring and capital repayment yesterday has gotten the investing fraternity abuzz with talk.

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