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Trading ideas: TM, MISC, Capital A, PTT, Aurelius Tech, AME Elite, Score Builders, YNHP, Frontken and Mulpha

Trading ideas: TM, MISC, Capital A, PTT, Aurelius Tech, AME Elite, Score Builders, YNHP, Frontken and Mulpha
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Fund talks: Govt waiting on PN

MORNING BRIEF | Key news you should know about

Anwar ibrahimTakiyuddin hassanFadillah yusofSelina samuelLun bawangMohd suhaimi abdullahPerikatan nasionalMohd suhaimiSilver ridge holdingsPrime minister fadillah yusofPrime minister anwar ibrahim

Bursa Malaysia reprimands Silver Ridge, fines directors

KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Silver Ridge Holdings Bhd and four of its directors for breaching the Bursa Malaysia Securities ACE Market Listing Requirements (ACE LR).

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Special Report: What happened at Aries Telecoms? A RM400 million loan for an incomplete fibre-optic project

ARIES Telecoms (M) Bhd, formerly known as V Telecoms Bhd, was once hailed as the first telecommunications company in Malaysia to have a regional presence in Southeast Asia with its planned US$5 billion Vasseti South Asia Network (VSAN) project. However, the mammoth undertaking, which boasted that it would have more than 30,000km of terrestrial fibre-optic infrastructure across the region, did not pan out, as Bank Pembangunan Malaysia Bhd (BPMB) found out following the conclusion of its investigations in January this year.

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Bank Pembangunan gets Mareva injunction against former MD and 22 others

Bank Pembangunan Malaysia Bhd (BPMB) was granted an ex-parte Mareva injunction by the High Court here an asset freezing order against 23 out of 27 defendants, which is part of a legal action over a RM400 million loan granted to Aries Telecoms (M) Bhd.

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