HEADLINES

Cahya Mata Sarawak

Cahya Mata secures overwhelming shareholder backing despite financial strain, family feud

Near-unanimous AGM vote comes as the Sarawak conglomerate faces weak earnings, legal disputes and mounting scrutiny on its phosphates venture

Taib Mahmud’s legacy under strain as profit slump, family feud loom over Cahya Mata Sarawak AGM

Boardroom battle between brothers Sulaiman and Mahmud Abu Bekir deepens as CMS’ earnings weaken, governance questions intensify ahead of decisive meeting

High Court sets May 20 to rule on Mahmud Abu Bekir’s director rights in Cahya Mata Sarawak dispute

Decision will determine if he can challenge the company’s injunction in bringing a derivative action

Vienna Advantage files RM61mil counterclaim against Cahya Mata Sarawak over ERP dispute

German software firm alleges internal incompetence and abuse of process in Malaysian group’s stalled digital transformation project

Cahya Mata Sarawak reports 46% gross profit surge in first quarter

Group reported RM277.37 million revenue for same period, marking a 1% increase

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil