assets

Exodus of wealthy Chinese accelerates with end of Covid Zero

President Xi Jinping’s decision to dismantle Covid travel restrictions is accelerating an exodus by wealthy Chinese, who could fuel billions…

1 week ago

Bankman-Fried assets of almost US$700m may be forfeited

Sam Bankman-Fried’s assets valued at almost $700 million will be subject to forfeiture if he’s found guilty of fraud, according…

2 weeks ago

Jho Low, father sentenced to jail for contempt of court

KUALA LUMPUR – Fugitive businessman Low Taek Jho or Jho Low (picture) and his father, Tan Sri Larry Low Hock Peng, were…

4 months ago

M’sian govt seeks to forfeit vehicle, landed properties, RM156,500 belonging to former 1MDB executive director

KUALA LUMPUR – The Malaysian government is seeking to forfeit cash amounting RM156,500, a car and landed properties belonging to…

4 months ago

Kelington bags RM330m contract for gas system distribution

The contract is expected to contribute positively to the earnings and net assets of the company for FY23 and FY24…

5 months ago

Petronas explores RM13.4b African upstream asset sale

MALAYSIAN state oil company Petroliam Nasional Bhd has started inviting bids for its upstream assets in Africa, which could fetch…

5 months ago

Ejection, suspension, shouting match on Sulu Sultanate’s claim

Kota Belud MP was ejected and given a 2-day suspension from the august hall after insisting for a debate on…

7 months ago

Serba Dinamik identified assets for sale to meet liabilities

by TMR / pic TMR FILE  SERBA Dinamik Holdings Bhd and its wholly owned units have identified assets for immediate sale…

9 months ago

PNB to invest RM10b in ESG drive, transition assets by 2030

This is as the GLC seeks to align its sustainability efforts to support the transition toward a green economy  by…

10 months ago

Shell to take hit of up to $5b on Russia exit

By AFP London, United Kingdom – British energy giant Shell warned Thursday that it would take a hit of up to…

10 months ago

Bitcoin Drops Most in a Month as Markets Turn Risk-Averse

By BLOOMBERG Bitcoin fell for a fourth day as expectations for the biggest rise in U.S. interest rates in three…

10 months ago

Petronas partners PDRM for security management enhancement

The partnership will boost the national O&G firm’s resilience in navigating a more dynamic business environment  by NURUL SUHAIDI / pic…

10 months ago

Johor excos need to declare assets, Johor ruler decrees

THE candidates for the Johor State Executive Council will need to make assets declarations as well as undergo went a…

11 months ago