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Smoking at eateries still banned as High Court dismisses constitutional challenge by seven smokers

29 October, 2019

This follows the High Court today dismissing the constitutional challenge brought by seven smokers, as it ruled that the Health Ministry's move to impose the ban is not filled with illegality and impropriety.

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Luster takes up controlling stake in firm developing a RM900m project

26 October, 2019

The plastic injection and moulding company that has recently diversified into property development, is paying RM17.85 million for the stake in Jade Classic Sdn Bhd and has inked a share sale agreement yesterday to effect the purchase.

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RON97 price falls nine sen a litre, RON95 and diesel unchanged for Oct 26-Nov 1

25 October, 2019

In a statement issued today, the Finance Ministry said based on calculations according to the Automatic Pricing Mechanism (APM), the retail prices of RON95 petrol and diesel for the same period should have been RM2.29 per litre.

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1MDB asset forfeiture: High Court defers Yayasan Tun Hussein Onn hearing to Nov 15

25 October, 2019

The Malaysian Anti-Corruption Commission, which has filed forfeiture suits against 41 entities in relation to 1MDB-related assets, is seeking RM1.98 million from the Tun Hussein Onn Foundation.

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High Court defers hearing on Najib, Shafee's challenge against Sri Ram

25 October, 2019

Najib and Shafee's lawyer Sarah Abishegam also confirmed the deferment to reporters, who were told that Justice Mariana had made the decision in her chambers.

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RAM Ratings revises outlook for Widad's RM110m sukuk to 'positive'

25 October, 2019

“The upgraded rating of Widad Capital’s rating to AA2 positive outlook by RAM reaffirms our growing financial strength and robust business model."

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CIMB, PLUS reach settlement over RFID system dispute

25 October, 2019

Both companies were to execute a written notice of discontinuance at the High Court of Malaya here in Kuala Lumpur yesterday.

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Pavilion REIT 3Q NPI slips on higher expenses, pays 2.04 sen

25 October, 2019

This was in spite of a 2.1% higher quarterly revenue of RM144.35 million, compared with RM141.35 million in 3QFY18, contributed by higher revenue rent and electricity income from Pavilion Kuala Lumpur Mall for supplying electricity to Pavilion Hotel and Pavilion Suites.

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1MDB-Tanore Trial: CEO accepted 'face value' valuation on PSI assets

24 October, 2019

This was revealed by defence counsel in the 1MDB-Tanore trial, Tan Sri Muhammad Shafee Abdullah, who produced valuer Edward L Morse's letter of appointment to estimate the worth of the oil and gas assets.

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I believe whatever Najib wanted done was in the best interest of the country, Shahrol tells court

24 October, 2019

This follows what the former premier had said in a meeting that he does not want to destroy the country.

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