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TNB, Supermax, Maybank, BHIC, KESM, United Malacca, Glomac, Kronologi Asia, Apex Healthcare, VS Industry and Ornapaper

Here is a brief recap of some corporate announcements that made news on Wednesday (Sept 21) involving Tenaga Nasional Bhd, Supermax Corp Bhd, Malayan Banking Bhd, Boustead Heavy Industries Corporation Bhd, KESM Industries Bhd, United Malacca Bhd, Glomac Bhd, Kronologi Asia Bhd, Apex Healthcare Bhd, VS Industry Bhd and Ornapaper Bhd.

China , Kuala-lumpur , Malaysia , Shanghai , Indonesia , Singapore , Malaysian , Indonesian , Ornapaper-bhd , Glomac-bhd , Intisari-delima-sdn-bhd , Sdn-bhd

RM9 bil LCS fiasco simplified

IN 2007, Boustead Naval Shipyard Sdn Bhd (BNS) — a unit of Boustead Heavy Industries Corporation Bhd (BHIC), which in turn is controlled by the Armed Forces Fund Board or LTAT — sought the support of the Economic Planning Unit (EPU) in the Prime Minister’s Department and the then defence minister Datuk Seri Najib Razak for a programme to build six littoral combat ships (LCS) at its Lumut dockyard.

Germany , Malaysia , Netherlands , France , Lumut , Sabah , Malaysian , French , Dutch , German , Najib-razak , David-william-berry

Rafizi: Who is the 'big shark' in the LCS scandal?

KUALA LUMPUR, Aug 11 — PKR deputy president Rafizi Ramli today alleged that there were plans from the beginning to hide irregularities in the littoral combat ship (LCS) project...

Germany , Kuala-lumpur , Malaysia , Malaysian , German , Sdn-bhd , Najib-razak , Rafizi-ramli , Abdul-aziz-jaafar , Gordon-hargreave , Royal-malaysian-navy , Boustead

Bakke, Shafee get into heated argument over PAC report on 1MDB

1Malaysia Development Bhd’s (1MDB) former chairman Tan Sri Bakke Mohd Salleh told the court on Tuesday (May 17) that a lot of what he said when he testified before the Public Accounts Committee’s (PAC) investigation into 1MDB in 2016 was not stated in the final report.

Kuala-lumpur , Malaysia , Kanda-kandasamy , Najib-razak , Taek-jho , Muhammad-shafee-abdullah , Justice-sequerah , Bakke-mohd-salleh , Petronas , Petrosaudi-international-ltd , Good-star-ltd , Malaysia-development-bhd

Najib's request to have 1MDB 2013 audit signed was more like an 'instruction' — KPMG managing partner

The request by former prime minister Datuk Seri Najib Razak for audit firm KPMG to sign off on 1Malaysia Development Bhd's 2013 financial statements was more like an "instruction", KPMG managing partner Datuk Johan Idris revealed on Thursday (April 21).

Kuala-lumpur , Malaysia , Hong-kong , Cayman-islands , Najib-razak , Datuk-johan-idris , Mohamed-raslan-abdul-rahman , Foong-mun-kong , Ahmad-nasri-abdul-wahab , Deepa-nair-thevaharan , Muhammad-shafee-abdullah , Azmi-tahir

Ex-1MDB CFO says he believed the fugitive businessman represented Najib

KUALA LUMPUR: Former 1Malaysia Development Berhad (1MDB) chief financial officer (CFO), Azmi Tahir says that he did not meet fugitive businessman, Low Taek Jho or Jho Low “off the road” but believed that he was the representative of Datuk Seri Najib Tun Razak in 1MDB, the High Court heard.

Kuala-lumpur , Malaysia , Pekan , Pahang , Mohd-hazem-abdul-rahman , Justice-collin-lawrence-sequerah , Datuk-hariharan-tara-singh , Azmi-tahir , Good-star-ltd , Malaysia-development-berhad , Brazen-sky-ltd , High-court

Ex-1MDB CFO: I did not meet Jho Low off the road, he was Najib's representative

KUALA LUMPUR: Former 1Malaysia Development Berhad (1MDB) chief financial officer (CFO), Azmi Tahir on Wednesday (Jan 26) told the High Court here that he did not meet fugitive businessman, Low Taek Jho, or Jho Low off the road, but believed that he was the representative of Datuk Seri Najib Tun Razak in 1MDB.

Kuala-lumpur , Malaysia , Pekan , Pahang , Mohd-hazem-abdul-rahman , Taek-jho , Datuk-hariharan-tara-singh , Good-star-ltd , Malaysia-development-berhad , Brazen-sky-ltd , High-court , Development-berhad

Ex-1MDB CEO has suspicions on illegal activities in 1MDB between Najib, Jho Low


KUALA LUMPUR (Bernama): Former 1Malaysia Development Berhad (1MDB) chief executive officer (CEO) told the High Court on Monday (May 17) that he had suspicions that some illegal activities were happening in the company between Datuk Seri Najib Tun Razak and fugitive businessman Low Taek Jho, or Jho Low over the US$3bil (RM12.39bil) bond issuance.
The US$3bil bond issuance involved 1MDB Global Investments Limited (1MDB GIL) to Abu Dhabi-Malaysia Investment Company (ADMIC).
Mohd Hazem Abd Rahman, 47, however, said he never asked Najib, who was the prime minister at that time, to clarify the matter but shared his concern with former 1MDB chairman, Tan Sri Lodin Wok Kamaruddin and Najib’s former principal private secretary, the late Datuk Azlin Alias knowing that they had access to Najib.

Kuala-lumpur , Malaysia , Abu-dhabi , Justice-collin-lawrence-sequerah , Taek-jho , Mohd-hazem , High-court-on-monday , Malaysia-investment-company , Malaysia-development-berhad , Mdb-global-investments , Development-berhad , High-court

1MDB-Tanore Trial: When subordinates called the shots

1MDB-Tanore Trial: When subordinates called the shots
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Malaysia , Abu-dhabi , Abuz-aby , United-arab-emirates , Mohd-hazem-abdul-rahman , Terence-geh , Najib-razak , Taek-jho , Muhammad-shafee-abdullah , Tun-razak-exchange , Abu-dhabi-international-petroleum-investment-company , Malaysia-development-bhd