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CIMB to assist customers in accessing moratorium

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have announced that their customers may opt in for the six-month moratorium to be given automatically. Individuals, micro enterprises and affected small and medium enterprises (SMEs) are eligible for the moratorium. In a statement, the banking group said customers are also given an alternative of […]

Seni Jaya plans to raise RM18mil

KUALA LUMPUR: Seni Jaya Corp Bhd has announced a private placement exercise in which up to 8.1 million new shares will be issued, representing 20 per cent of the company’s total number of issued shares. In a statement today, the outdoor advertising services provider said the placement shares should be allocated to third-party investors at […]

Green Packet, MIDF to provide financing solutions to SMEs

KUALA LUPUR: Tech solutions provider Green Packet Bhd has teamed up with Malaysian Industrial Development Berhad (MIDF) to provide financing solutions to small and medium enterprises (SMEs) looking to digitalise their businesses. Under the MoU signed on Thursday, MIDF will provide financing advisory services and financing facilities, where applicable, to potential and existing clients of Green Packet […]

Felda to make fresh takeover offer for FGV

KUALA LUMPUR: Federal Land Development Authority (Felda) is confident of taking FGV Holdings Bhd private by the end of the year, after failing with its previous offer about four months ago. Felda chairman Datuk Seri Idris Jusoh said it was in talks with certain state governments, which hold a combined nine per cent stake in […]

Haiti president assassinated at home, wife wounded

PORT-AU-PRINCE: Haiti President Jovenel Moise was assassinated and his wife wounded early Wednesday in a gun attack at their private residence, tipping the impoverished and crisis-hit Caribbean nation into a renewed state of political uncertainty. Interim Prime Minister Claude Joseph declared a national “state of siege” and said he was now in charge of the […]

Trump announces anti-censorship lawsuit against Facebook, Twitter and Google over platform ban

WASHINGTON: Former US president Donald Trump on Wednesday unveiled a lawsuit against Facebook, Twitter and Google, escalating his years-long free speech battle with tech giants who he argues have wrongfully censored him. “I’m filing, as the lead class representative, a major class-action lawsuit against the big tech giants including Facebook, Google and Twitter as well […]

Sydney sees worst day of 2021 as Delta COVID-19 outbreak spreads

SYDNEY (Reuters) – Australia’s New South Wales state on Thursday reported its biggest daily rise in locally acquired cases of COVID-19 for the year as officials struggle to stamp out a growing cluster of the highly infectious Delta variant in Sydney. New South Wales (NSW) reported 38 new local cases, up from 27 a day […]

Ku Li says ready to be interim prime minister

KUALA LUMPUR: Umno veteran Tengku Razaleigh Hamzah is ready to take on the responsibility as interim prime minister. Tengku Razaleigh, fondly known as Ku Li said the ‘job’ would be overwhelming but pointed out that “one must be ready to take the responsibility to protect the people’s interest.” “Anyone including me should be ready to […]

PM’s residence buzzing with activity from early morning as ministers and AG seen arriving

PETALING JAYA: Several vehicles carrying ministers and the Attorney General have been seen entering the residence of Prime Minister Tan Sri Muhyiddin Yassin in Bukit Damansara, Kuala Lumpur, on Thursday (July 8) morning. The Malaysian Gazette news portal reported that Muhyiddin’s residence was a hive of activity since early morning, with the vehicles seen entering […]