TWO children of the late Lim Siew Kim — youngest daughter and third child of the late gaming mogul and founder of the Genting group of companies, Tan Sri Lim Goh Tong — are disputing her will, which was purportedly executed on April 28 last year, and are claiming that she died intestate.

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Lim Goh Tong’s daughter Siew Kim’s will in dispute

As a parent of young children, I find myself occasionally (ahem, okay, quite often) blurting out “threats” when my children refuse to listen. A common refrain is this: “Don’t lie to me. Mummy knows, Mummy always knows.”

At this point in their little lives, as creative as they can get wi...

Coffee Break: The taxman always knows

Pending a resolution, the US debt ceiling crisis can be expected to dominate headlines this week. Fear of a potential breach of the debt ceiling nudged the US stock market, as well as Japan’s Nikkei and Hong Kong’s Hang Seng down last week.

US Treasury Secretary Janet Yellen has repeate...

The Week Ahead: US debt limit default takes centre stage as June 1 deadline looms

IT is now that time of the year when many employees start looking for fresh opportunities as the bonus and increment cycles of most organisations would have ended.

Based on job advertisements and conversations with recruiters, the flurry of movement in talent that is taking place implie...

The State of the Nation: Malaysia’s job market seen improving, but slower wage growth

YNH Property Bhd’s announcement on the sale of a piece of land in Kuala Lumpur on May 16 has raised more than a few eyebrows and even prompted two rounds of very targeted questioning by the stock exchange regulator Bursa Malaysia.

In the second batch of queries that was announced last T...

Frankly Speaking: A lesson learnt for YNH

SIME Darby Bhd’s wholly-owned automotive arm, Sime Darby Motors Sdn Bhd, is looking to venture into India, sources say.

Details of the planned move are scarce. For instance, it is still unclear whether Sime Darby has sought a partner for the venture.

In an emailed response to ...

Sime Darby Motors said to be eyeing venture into India

Tenaga Nasional Bhd

Target price: RM10.40 BUY

Brokers Digest: Local Equities - Tenaga Nasional Bhd, CapitaLand Malaysia Trust, MGB Bhd, Cahya Mata Sarawak Bhd

The appointment of three new directors to the board of Bahvest Resources Bhd is an indication that the boardroom fight is over.

Yet, the problems for minority shareholders of the company, which has interests in the mining of gold in Sabah, are far from over.

In an announcement...

Frankly Speaking: More turmoil in Bahvest

THE clock is ticking for the US to address its debt ceiling issue to avoid a catastrophic debt default that could trigger damaging effects on the global financial markets.

Most of the past debt limit stand-offs were resolved without significant market impact and any volatility was ultim...

Analysts see short-lived impact from US debt ceiling crisis, default unlikely

Everyone makes mistakes, but a mistake that is repeated is no longer a mistake. It is a choice that one makes and the outcome will likely be no different.

The government has upsized the budget for the controversial littoral combat ship (LCS) project to RM11.2 billion from RM9.2 billion....

Frankly Speaking: Bigger budget, smaller deal, same contractor

Extraordinary demand for Coldplay and Jacky Cheung concert tickets recently provided golden opportunities for scalpers. According to reports, Coldplay tickets were being resold for up to RM43,000, with a fan said to be ready to even shell out RM111,111 for a concert ticket.

The brouhaha...

Frankly Speaking: We don’t need new laws; just fix the system

The Ministry of Home Affairs raided numerous Swatch stores in Malaysia over three days in May, seizing more than 170 rainbow-coloured timepieces under the Swiss watchmaker’s Pride Collection because of their alleged LGBT connotations. The watches were seized using the Printing Presses and Publica...

Frankly Speaking: Seizure of Swatch’s rainbow watches is ridiculous

Is American politics so dysfunctional that the US government can’t even pay its bills on time? That is the central question behind the latest debt ceiling drama playing out in Washington, DC. So far, efforts to increase the country’s borrowing limit suggest that the answer could very well be yes....

The Policy Puzzle: Debt and dysfunction in America

The following questions were sent to Star Media Group last Tuesday (May 23) ahead of its EGM on the proposed disposal of land/buildings to Matang for RM33 million:


	Why did Star agree to the disposal consideration to be satisfied primarily in M...

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