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Malaysia

KUALA LUMPUR: Maju Holdings Sdn Bhd has revised its takeover bid for PLUS Malaysia Bhd. It is now offering to absorb a RM2.7 billion toll compensation owed by the government and reduce toll rates by as much as 36 per cent, from 25 per cent originally.

Malaysia

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) through its subsidiary Petronas LNG Ltd has entered into a liquefied natural gas (LNG) sale and purchase agreement with Korea Midland Power Co Ltd.

World

Neil Jerome Morales

MANILA: The Philippine unit of AirAsia Bhd is postponing its initial public offering (IPO) to next year or 2021 as it focuses on corporate reorganisation and seeking funds from existing shareholders, its chairman said on Wednesday.

Malaysia

KUALA LUMPUR: Utusan Melayu (Malaysia) Bhd officially ceased operations today.

Malaysia

KUALA LUMPUR: The fate of 800 staff of Kumpulan Utusan Melayu (M) Bhd has become the centre of attention again as the company was rumoured to be shut down today.

Malaysia

KUALA LUMPUR: Khazanah Nasional Bhd expects to finalise the strategic partner for Malaysia Airlines Bhd by the end of the year.

Malaysia

Nazir Razak: I did not use a single sen of 1MDB monies

Malaysia

KUALA LUMPUR: The collection from Sales and Services Taxes (SST) will surpass that of the now-abolished Goods and Services Tax (GST) in the next few years, the Dewan Rakyat was told.

Malaysia

THE Malaysian Anti-Corruption Commission (MACC) has been urged to probe into the multibillion-ringgit “River of Life” (RoL) project, which critics claim has fallen short on delivery.

Malaysia

KUALA LUMPUR: The chief executive officer of 1Malaysia Development Bhd (1MDB) today described how Low Taek Jho @ Jho Low had a way to make people like him, and the ease with which he could open doors from kingdoms in the middle east to palaces in Malaysia.