SC Estate unit accepts land plots in exchange for RM2.77m outstanding debt
The land parcels, measuring between 102 and 168 sq m, are located in Alor Setar, Kedah and have a combined market value of RM3.65 million.
AME to invest RM25m capex to build new i-Stay@Indahpura workers’ dormitories
The additional two dormitory blocks would be able to accommodate nearly 2,700 persons in i-Park@Indahpura industrial park.
Zafrul: RM6.4b in estimated losses for banks during moratorium period
Responding to a question on costs borne by banks due to the moratorium and further assistance in the event there is a second lockdown, Tengku Zafrul said banks face losses of approximately RM1.06 billion per month based on Malaysian Financial Reporting Standards (MFRS) 9.
Covid 19: Malaysia reports 13 new cases today, with one death
Number of active cases at 173
PH leaders call for justice for all 1MDB conspirators after Goldman Sachs settlement
“Pakatan Harapan stressed that all main characters in the 1MDB ‘scam’ case must be tried in court including individuals named by the United States Department of Justice as ‘MO1’, Low Taek Jho (Jho Low), who are still not arrested. They cannot be allowed to go free.”
MoF says Goldman Sachs pays record US$3.9b settlement in relation to 1MDB, confirms The Edge report
It is understood to be the biggest settlement for Malaysia, and possibly also the largest payout by the international investment bank.
Covid-19: Returnees reminded to follow rules as three new clusters linked to imported cases
This comes after three new locally transmitted Covid-19 clusters — Elsa in Pahang, PUI Al Khobar in Selangor and PUI Ramnad in Kuala Lumpur — were found to be due mainly to imported cases.
Covid-19: Malaysia's new cases jump to 21 as three new clusters emerge
The number of new cases rose from nine yesterday, and is the highest since July 17 when 18 cases were reported.
Legal challenge by Dr M, four others against Speaker appointment fixed for Aug 11 case management
It was reported that Dr Mahathir, along with his son and former Kedah menteri besar Datuk Seri Mukhriz Mahathir, former education minister Dr Maszlee Malik, Kubang Pasu member of Parliament (MP) Datuk Amiruddin Hamzah and Sri Gading MP Datuk Shaharuddin Md Salleh yesterday filed the suit.
BNM: Loan 'restructuring and rescheduling' upon repayment moratorium expiry
Banks in the country will not extend the scheme but will continue to offer targeted financial assistance in the form of restructuring and rescheduling (R&R) to borrowers who continue to face repayment issues.
