Business

Ex-1MDB’s Written Testimony Not Rumor, Says Sri Ram

[ad_1] Ad-hoc prosecutor Gopal Sri Ram says a statement by former 1MDB CEO Hazem Abdul Rahman to fugitive Jho Low was relevant to the case. KUALA LUMPUR: The prosecution in Najib Razak’s 1MDB trial told the High Court today that the written testimony of the former CEO of the company, …

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KLCI Falls 1% As Indexed Glove Makers Crawl

[ad_1] KUALA LUMPUR (Sept 8): FBM KLCI fell 1% in the midday break Tuesday as a drop in shares of index-linked glove makers dragged the gauge down, amid firmer regional markets . At 12:30 p.m., the FBM KLCI lost 15.32 points to 1,501.06. The amplitude of the market turned negative …

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The intriguing jump in private placements

[ad_1] KUALA LUMPUR (September 8): There has been a notable increase in private placement activities in Bursa Malaysia lately, as companies take advantage of ample liquidity in the market to raise cash by selling shares to previously identified investors. Given its faster execution process compared to other fundraising methods, it …

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Who is to blame for Malaysians being financially backward?

[ad_1] YOUR OPINION | Mahathir was given 24 years to fix the problem and failed. M’sian solutions don’t work for Malaysian ‘economically backward’ – Pejuang Dizzer: The racist political parties (Umno, PAS, Bersatu, Pejuang) are desperately trying to maintain the illusion of Malay poverty and backwardness to justify their ‘fight’. …

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