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MyEG says it has no knowledge of Mastoro, seeks clarification from MACC on Ahmad Zahid case

MyEG says it has no knowledge of Mastoro, seeks clarification from MACC on Ahmad Zahid case

PETALING JAYA: MyEG Services Bhd has denied having any knowledge of the company which was implicated to have allegedly paid former Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi to secure MyEG’s jobs. It is also seeking clarification from the anti-graft body on the company and board’s status in the probe. MyEG shares were down […]

October 19, 2018 | By | Reply More
MyEG says it has no knowledge of Mastoro, never made payments to any party

MyEG says it has no knowledge of Mastoro, never made payments to any party

PETALING JAYA: MyEG Services Bhd has denied having any knowledge of the company which was implicated to have allegedly paid former Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi to secure MyEG’s jobs. MyEG also stressed that it had never made any payments to any party during the process to secure any of the company’s […]

October 19, 2018 | By | Reply More
Malaysian seniors earn over RM5.6m on Airbnb

Malaysian seniors earn over RM5.6m on Airbnb

KUALA LUMPUR: Over 800 seniors in Malaysia aged 60 and above have earned over RM5.6 million through hosting on Airbnb, a community-driven hospitality platform that welcomed over 26,700 guests from around the world in the past year. Airbnb said in a statement that the additional income that comes with hosting guests on Airbnb can help […]

October 19, 2018 | By | Reply More
MyEG, Datasonic hit limit down as Ahmad  Zahid claims trial to 45 charges

MyEG, Datasonic hit limit down as Ahmad Zahid claims trial to 45 charges

PETALING JAYA: Shares of MyEG Services Bhd and Datasonic Group Bhd saw heavy selling pressure and hit limit down this morning in the wake of the two companies being implicated in the charges against former deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi. Ahmad Zahid claimed trial to 45 charges of money laundering, criminal breach of trust and corruption at […]

October 19, 2018 | By | Reply More
Maxis down 3.08% this morning after posting lower Q3 earnings

Maxis down 3.08% this morning after posting lower Q3 earnings

PETALING JAYA: Maxis Bhd’s share price fell as much as 3.08% to RM5.38 at early trade, after seeing a decline in its earnings for the third quarter ended September 30 due to higher operation and maintenance costs. At 11.18am, the stock was trading at RM5.38 with 452,100 shares done. Its net profit fell 9% to […]

October 19, 2018 | By | Reply More
SC to register trustees, issuing houses under new guidelines

SC to register trustees, issuing houses under new guidelines

KUALA LUMPUR: The Securities Commission Malaysia (SC) today introduced a registration framework for capital market services providers to enhance their standards of conduct and strengthen investors’ confidence and trust in the capital market. Under the new Guidelines on Registration and Conduct of Capital Market Services Providers, which takes effect Jan 2, 2019, all trustees and issuing […]

October 19, 2018 | By | Reply More
Boustead Holdings down 1.75% on Deepak’s lawsuit

Boustead Holdings down 1.75% on Deepak’s lawsuit

PETALING JAYA: Boustead Holdings Bhd’s share price fell as much as much as 1.75% to RM1.68 this morning after denying allegations made in the lawsuit against it by businessman Deepak Jaikishan. At 11.02am the stock was trading at RM1.69 with 23,000 shares done. The group and its wholly-owned subsidiary Bakti Wira Development Sdn Bhd, who […]

October 19, 2018 | By | Reply More
Ringgit opens slightly lower against US dollar

Ringgit opens slightly lower against US dollar

KUALA LUMPUR: The ringgit was slightly lower against the greenback in early trade today on weaker demand for the local note due to the possibility of the Federal Reserve raising borrowing costs further. At 9.19am, the local unit stood at 4.1570/1620 against the US dollar from 4.1550/1580 on Thursday. A dealer said investors’ interest shifted […]

October 19, 2018 | By | Reply More
11MP mid-term review – fiscal deficit to linger beyond 2020, govt to trim development spending

11MP mid-term review – fiscal deficit to linger beyond 2020, govt to trim development spending

PETALING JAYA: The remainder of the Eleventh Malaysia Plan (11MP), which runs from 2016-2020, will see the government cut back on development expenditure, consolidate operating expenditure and prolong the fiscal deficit, which was to have been balanced by 2020. This will occur as the government undertakes comprehensive reforms to strengthen the administrative capacity and improve […]

October 18, 2018 | By | Reply More
Boustead, unit deny claims in businessman Deepak's lawsuit

Boustead, unit deny claims in businessman Deepak's lawsuit

PETALING JAYA: Boustead Holdings Bhd and its wholly-owned subsidiary Bakti Wira Development Sdn Bhd, who are being sued alongside former prime minister Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor by businessman Deepak Jaikishan, have denied allegations made in the suit, calling them “baseless, frivolous, vexatious and unjustifiable”. In a filing with […]

October 18, 2018 | By | Reply More