HEADLINES

TAR PH

Court orders Khazanah’s hotel subsidiary in Johor to wind up over RM95 mil debt

TAR PH Sdn Bhd is found to have wrongfully terminated air-cooling system supply agreement for Puteri Harbour Hotel

Khazanah: A pattern of liquidation after a series of failed investments

With one failed investment after another, a disturbing pattern seems to emerge with Khazanah rather going into liquidation than fulfilling its contractual obligations.

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‘Very hurtful’: Chief justice exposes legal failures driven by distorted Islamic views

Tun Tengku Maimun Tuan Mat laments misinterpretations of faith that distort justice in high-profile rulings, cites Indira Gandhi and Nik Elin Zurina cases

ASNB announces RM2.18 bil dividend payout

ASB 2 declares distribution of 5.50 sen per unit to 614,309 unitholders while ASM declares five sen per unit to 740,513 unitholders

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