Serba Dinamik Holdings Bhd said its creditors have approved the scheme of arrangement proposed by the group and its four subsidiaries, with between 83% and 100% creditors voting in support of it.

The group itself garnered 95.74% support from its creditors, while its subsidiaries Serba Dinamik Group Bhd (SDGB) received 100%, Serba Dinamik Sdn Bhd (SDSB) received 99.21%, SD Controls Sdn Bhd received 86.43% and Serba Dinamik Development Sdn Bhd (SDDSB) secured 83%.

Creditors vote in favour of Serba Dinamik's scheme of arrangement

KUALA LUMPUR: The late Datuk Azlin Alias, the main person appointed by Datuk Seri Najib Razak to manage 1Malaysia Development Bhd (1MDB), was so shocked to learn about the misappropriation of funds from the state-owned fund sometime before end-February 2015; he had an uncharacteristic outburst, s...

Duit 1MDB la, bro! — Najib’s late private secretary

KUALA LUMPUR: Economic Affairs Minister Datuk Seri Mohamed Azmin Ali has denied that he was involved in gay sex captured in three video clips which have gone viral on social media since Tuesday.

In a statement, Azmin said it was a “nefarious plot” to assassinate his reputation and chara...

Azmin: I’m not in sex video

LAST Wednesday, Datuk Seri Najib Razak’s trial on seven criminal charges finally commenced — exactly 10 years after he was sworn in as Malaysia’s sixth prime minister. Eight months after the charges were first read, Attorney-General Tommy Thomas now has to prove beyond reasonable doubt that Najib...

Najib's SRC Trial: From Perdana Putra to High Court, Najib’s trial begins

Malaysia Airlines advised their customers to be wary of suspicious messages or comments from fake accounts pretending to be their customer service representatives.

Malaysia Airlines cautions customers about fake customer service accounts

London Heathrow Airport was warned about possible issues with its power supplies a few days before a nearby fire cut electricity to the hub and forced Europe’s busiest airport into an unprecedented day-long blackout.

Heathrow Airport got power-station warning days before blackout

China’s embassy in Bangkok urged a construction company to cooperate with Thai authorities in a probe into the crash of a skyscraper during an earthquake last week, which has now widened to the firm’s other business operations in the Southeast Asian country.

China urges firm to join widening Thai probe into crashed tower

CHARLOTTE, North Carolina (April 2): At the end of last year, when Americans were still looking ahead to Donald Trump's second turn as president, most seemed right with the U.S. economy. But by late February, Richmond Federal Reserve Bank President Tom Barkin could sense the mood shifting

Amid fast pace of change, Fed face time with businesses has become key to policy

US President Donald Trump's planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, European Central Bank (ECB) head Christine Lagarde said on Wednesday.

Trump's tariffs will be negative the world over, says ECB's Lagarde

(April 2): Top global corporations experienced the largest quarterly erosion of market values in nearly three years in the first quarter of 2025, hit by tariffs imposed by U.S. President Donald Trump, which are fuelling heightened concerns of a U.S. recession.

According to LSEG data, th...

Trump tariffs triggered big Q1 plunge in market values for top global firms

Indah Water Konsortium Sdn Bhd (IWK) has firmly denied any relation to the gas pipeline fire in Putra Heights, Subang Jaya, on Tuesday.

Indah Water denies responsibility for Putra Heights gas pipeline fire

Manforce Group Bhd (KL:MFGROUP), which is seeking to transfer from the LEAP Market to the ACE Market of Bursa Malaysia, has received approval from the exchange for a waiver on the requirement to extend an exit offer to shareholders.

Manforce receives Bursa greenlight for exemption from extending exit offer in ACE Market transfer

The Malaysian Fire and Rescue Department (JBPM) has dispatched a team to inspect the crater area, formed at the site of the gas pipeline fire in Putra Heights, Subang Jaya, near here.

Fire dept deploys team to inspect crater at gas pipeline fire site — DG

Goldman Sachs Group Inc is expanding its private equity offering to wealthy individuals across Wall Street and beyond, in the latest sign of investment firms gradually broadening access to the much sought-after private markets.

Goldman is opening up private equity deals to rich individuals

KUALA LUMPUR (April 2): An analyst has flagged a minimum RM18 million impact to Petronas Gas Bhd (KL:PETGAS) following a gas leak fire in Putra Heights on Tuesday. As a result, trading in Petronas Gas shares was halted for an hour until 10am on Wednesday.&nbsp;

Gas pipeline blaze: MIDF flags potential RM18m impact to Petronas Gas

Petronas Gas Bhd (KL:PETGAS) and Gas Malaysia Bhd (KL:GASMSIA) opened marginally lower after a trading halt on the shares were lifted, following the gas leak fire that occurred in Putra Heights, Selangor, on Tuesday.

Gas pipeline blaze: Petronas Gas, Gas Malaysia’s shares open marginally lower after trading halt 

Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.

Digital banks in Malaysia urged to re-examine strategies to better serve B40 segment

T7 Global Bhd’s (KL:T7GLOBAL) shares closed at a 28-month low on Wednesday, prompting a suspension of intraday short-selling after the oil and gas services firm announced the departure of its executive deputy chairman.

T7 Global closes at more than two-year low after deputy chairman's departure

KUALA LUMPUR (April 2): Yinson Holdings Bhd’s (KL:YINSON) slipped on Wednesday after the oil and gas services firm announced weaker than expected results, while analysts tamper their optimism for the stock’s upside.

Yinson's shares slip, analysts tell investors to look past underwhelming results

SINGAPORE (April 2): The Land Transport Authority (LTA) has awarded a street-hail service operator licence (SSOL) to GrabCab, a subsidiary of Grab Rentals and sister company of GrabCar, which holds a ride-hail service operator licence (RSOL) and a car-pool service operator licence (CSOL). &nbsp; &nbsp;

Grab obtains Land Transport Authority licence to operate taxis in Singapore

KUALA LUMPUR (April 1): The police will look into allegations that the gas pipeline fire at Jalan Putra Harmoni, Putra Heights Subang Jaya, Selangor was caused by digging at the Petroliam Nasional Bhd (Petronas) reserve land.

Police to look into allegations that digging caused gas pipeline fire

KUALA LUMPUR (April 2): The police will soon call in the contractor who is believed to have carried out development work near the site of the gas pipeline fire at Jalan Putra Harmoni, Putra Heights, Subang Jaya on Tuesday, after confirming their identity.

Police to investigate contractor in connection with gas pipeline fire at Putra Heights

Just when the chapter on MBI was about to be reduced to a page in the history books of investment scams in Malaysia, the investigation into the money trail of one of the longest-running pyramid schemes in the country came back to life.

It restarted two weeks ago with the police summonin...

Alternative Views: Questions abound as the ghost of MBI walks again

Malaysia’s manufacturing conditions moderated slightly in March as new orders eased the most in a year and production fell, latest data showed.

Malaysia's manufacturing conditions moderate slightly in March amid muted demand, PMI data shows

KUALA LUMPUR (April 1): The scene at Putra Heights, Subang Jaya, resembled a war zone following a gas pipeline fire that broke out at 8.10am on Tuesday.

Putra Heights gas fire scene like a war zone

Professional bodies on Wednesday urged a comprehensive review of safety measures for fire-prone facilities near residential areas, following a Petronas gas pipeline breach that caused a massive blaze on Tuesday, injuring hundreds and damaging numerous properties.

Gas pipeline blaze: Professional bodies call for thorough review of safety measures, better risk management 

KUALA LUMPUR (April 2): Capital A Bhd (KL:CAPITALA) has been granted an extension until April 15, 2025, to issue the shareholder circular for its proposed Practice Note 17 (PN17) regularisation plan.&nbsp;

Capital A given until April 15 to issue shareholder circular on regularisation plan

Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).

MPOC sees palm oil prices stabilising in near term amid rising demand from India 

(April 2): China Inc’s outlook has brightened after a campaign to revive consumption delivered a strong earnings season, one that may offer local stocks a much-needed cushion as they brace for US tariffs.

China’s improving profits may help soften tariff blow for stocks

Australian Foreign Minister Penny Wong urged universities to seek greater research cooperation with partners outside the US following the Trump administration’s threat of funding cuts to the sector.

At least seven Australian universities are facing a potential reduction in funding after they received lengthy questionnaires from the US government asking how their projects aligned with President Donald Trump’s domestic and foreign policy priorities. Industry group Universities Australia said the change could affect as much as A$600 million ($377 million) in research funding.

Australia urges universities to diversify research away from US

KUALA LUMPUR (April 2): Telecommunications network solutions provider OCK Group Bhd (KL:OCK), whose share price dropped to its lowest in more than one year last Friday (March 28), said the recent earthquake in Myanmar has only caused limited damage to its tower network, with only four sites affected and no disruption to service.

OCK Group says Myanmar quake caused minimal damage, only four towers affected

KUALA LUMPUR (April 2): Rising United States&nbsp;tariffs are expected to affect growth across Asia Pacific (Apac), according to S&amp;P Global Ratings’ latest economic update.

US tariffs expected to affect Asia Pacific economic growth – S&P Global

KUALA LUMPUR (April 1): Petroliam Nasional Bhd (Petronas) has committed to working closely with relevant ministries and agencies to channel timely and meaningful support to the families impacted by the fire incident near Putra Heights, Puchong, Selangor.

Petronas to work with authorities to support those affected by Putra Heights fire incident

As risk aversion rises, investors are increasingly seeking shelter in Malaysian bonds to weather the slump on Bursa Malaysia and other stock markets.

Adam Aziz and Hafiz Yatim