Sime Darby Bhd is acquiring a 61.2% stake in UMW Holdings Bhd from Permodalan Nasional Bhd for RM3.57 billion in cash to further scale up and strengthen its presence in the Malaysian automotive sector.
OCM accepts decision of badminton and squash, among others, being axed from 2026 Games as organisers plan for a leaner, more financially sustainable event
While Malaysia celebrates the return of US$1.37b in misappropriated 1MDB assets from the US, Law Minister Datuk Seri Azalina Othman Said reveals that the final tally of recovered wealth remains a moving target due to market fluctuations and complex, ongoing global court battles
