Malaysia

Country Heights Holdings Bhd President Tan Sri Lee Kim Tiong confirmed that his other company had previously received an RM5.9 million check from Lewis & Co — a law firm named in Datuk Seri Ahmad Zahid Hamidi — for two Country Heights homes. Lee, who testified as the 57th prosecution witness in Zahid ‘s money-laundering and corruption trial, said that …

Xiaomi has launched its huge Mi Power Bank 3 30,000mAh which keeps more backup power on the go. This is effectively the higher-capacity variant of the 20,000mAh Mi Power Bank 3 that allows easy 2-way charging. It is priced at CNY 169 (about RM101) in China and comes with 2x USB-A, 1x USB-C, and 1x microUSB port. The device USB-C …

Sales of debt from Malaysia may make a comeback in the midst of economic prosperity that reopened, Kenanga Research said. The firm said the US 10-year average yield from the Treasury had inched slightly higher by two basis points ( bps) in May to 0.66 percent, lifted by investor optimism as economies begin to reopen. On the other hand, the …

Sabah ‘s chief minister , Datuk Seri Shafie Apdal, reiterated today that the Sabah government is intact and vigilant against the suspected attempts of Perikatan Nasional (PN) to undermine the state government by what he believed to be coercion and enticement. The president of the Parti Warisan Sabah called for a conference today with all elected members of the state …

Datuk Seri Najib Razak today seemed to riff on the satirical blog post of his political foe Tun Dr Mahathir Mohamad earlier in the morning, teasingly wondering whether a new party called “Anak-anak Daddy” is being created. Najib wrote a short comment asking in a brief Facebook post, whether such supposed data is true. While Najib has not further elaborated, …

As part of its pledge to assist them through this difficult period, local stock exchange operator Bursa Malaysia Securities Bhd has released a transparency guideline on Covid-19 relevant impacts and investments for listed firms. Bursa Malaysia said, based on its observation of recent disclosures made by listed issuers related to the effect of Covid-19, it felt that there was scope …

There’s another leak reportedly from the Bersatu Supreme Council meeting on February 23 included talks on the removal of Tun Dr Mahathir Mohamad as the prime minister at the time for a realignment of the governing parties. The clip was posted on social media, and a single senior Bersatu member once again controlled the discussions. Within it, the Bersatu chief …

Attorney General (AG) Tan Sri Idrus Harun said today that he agreed to make the prosecution withdraw 46 corruption and money laundering charges against Tan Sri Musa Aman, as the unavailability of records from banks located in Hong Kong and the unavailability of certain witnesses indicated that it would be untenable to continue with a trial. Idrus also cited, among …

Muar MP Syed Saddiq Syed Abdul Rahman has voiced solidarity for his parents who have been called in for the fourth time by the Malaysian Anti-Corruption Commission (MACC) to help in their inquiry of some RM250,000 that were allegedly looted from his house. The former youth and sports minister stated in a Facebook post today that members of his family …

Tun Dr Mahathir Mohamad made an unusual appearance at today’s PKR headquarters to meet with Datuk Seri Anwar Ibrahim and other Pakatan Harapan leaders in the midst of continuing rumors of a possible governmental change. PH leaders’ aides exchanged photos, among others, of Dr Mahathir, Anwar, DAP Secretary-General Lim Guan Eng, Amanah President Mohamad Sabu, and Warisan President Datuk Seri …