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KUALA LUMPUR: Serba Dinamik Holdings Bhd said it has completed the disposal of its entire stake in CSE Global Ltd for S$57.67mil (RM177.3mil) cash.
PUTRAJAYA (Bernama): Datuk Seri Dr Ahmad Zahid Hamidi has withdrawn his appeal against a High Court's dismissal over his application to challenge the constitutionality of the Malaysian Anti-Corruption Commission (MACC) Act 2009 and Anti-Money Laundering Act in relation to the admissibility of documentary evidence pertaining to charges framed against him.
PETALING JAYA: A boutique hotel, with 116 rooms, a rooftop pool and jet-setting clientele, owned by fugitive Malaysian financier Low Taek Jho who is involved in the 1Malaysia Development Berhad (1MDB) scandal, is up for sale for over US$100mil (RM427mil), reports the New York Times.
MUMBAI (Reuters) - A dream private coaching session from Andy Murray will become a reality for one tennis fan after top players signed up to an initiative raising funds for professional coaches who are struggling financially during the COVID-19 shutdown.
KUALA LUMPUR: Umno has withdrawn its application to initiate contempt proceedings against CIMB Bank as the party has regained access to its account there.
KUALA LUMPUR: The High Court has set Aug 10 for case management to fix new dates for the trial of Tan Sri Muhammad Shafee Abdullah, who is facing two counts of money laundering involving RM9.5mil allegedly received from former prime minister Datuk Seri Najib Razak, and two charges of making false statements to the Inland Revenue Board (LHDN).
PETALING JAYA: Inorganic expansion and new build-to-suit site orders will see OCK Group Bhd’s recurring revenue contribution exceeding 80% in financial year 2021 (FY21).
BEIJING, July 6 (Bloomberg): Semiconductor Manufacturing International Corp. is preparing to raise as much as US$7.5 billion via mainland China’s largest stock sale in a decade, a big cash infusion for a chipmaker Beijing’s counting on to reduce reliance on American technology.
KUALA LUMPUR, July 6 (Bernama): UMNO today withdrew its application to initiate contempt proceedings against CIMB Bank, as the political party has regained access to its account there.