Boustead Plantations Bhd on Tuesday said that the acquisition of a 33% stake in the company by Kuala Lumpur Kepong Bhd (KLK) from the Armed Forces Fund Board (LTAT) “is pending a final decision between the transacting parties”, noting that the cut-off date for fulfilling the condition precedent is Friday.

Boustead Plantations: KLK takeover still pending final decision between transacting parties

BANGKOK (Oct 3): Thai police said on Tuesday they had received reports of shots fired, injuries and a man armed with a handgun at a luxury shopping mall in central Bangkok.

Police said they were taking control of the situation. An emergency response team said at least one person was inj...

Thai police say reports of injuries, shots fired inside Bangkok mall

The Penang Chinese Chamber of Commerce (PCCC) has raised concern over a decision by Penang Development Corp (PDC) to sell 558.96 acres of land in Batu Kawan Industrial Park 2 (BKIP2) to Umech Construction Sdn Bhd for RM646.02 million, which the chamber claims significantly undervalues the land. Moreover, it questioned why the sale was not done through an open tender.

Penang Chinese Chamber of Commerce questions PDC’s sale of 559-acre land to Umech Construction at ‘below market’ price

Singapore is investigating the role that some single family offices played in one of the city’s largest money-laundering cases, and weighing further rules on the sector.

Singapore mulls family office rules as launderer ties probed

Bank debt sales in Singapore are tracking toward a second consecutive annual record as attractive currency swaps and cash-rich investors lure issuers to a traditionally domestic market and drive momentum that participants expect will continue.

Bank debt sales surge in cashed-up Singapore

The Court of Appeal (COA) on Tuesday unanimously allowed an appeal by Synergy Promenade Sdn Bhd to reinstate its suit against the Federal Land Development Authority (Felda) and Felda Investment Corporation Sdn Bhd (FIC) regarding vacant possession of the Jalan Semarak land.

COA allows reinstatement of Synergy Promenade's KLVC suit against Felda and FIC

The High Court here ruled that it did not have the power to set aside a decision made by the World Intellectual Property Organization (WIPO) in a dispute involving TC Pharmaceutical Industries Co Ltd (TCP) and its joint-venture (JV) company in China, Red Bull Vitamin Drink Co Ltd, over the use of the “Red Bull” domain name in the republic.

High Court rules it doesn't have jurisdiction to rule on dispute involving Red Bull Thailand and its JV firm in China

PAS will not be appealing against the Election Court's decision last week, which nullified its victory in the Kemaman parliamentary seat in the 15th general election (GE15), paving the way for a by-election.

Kemaman set for by-election as PAS not appealing against court decision to nullify GE15 victory

A businessman and a former company director pleaded guilty to cheating the Social Security Organisation (Socso) by submitting false claims for incentives under the government’s hiring incentive programme introduced during the Covid-19 pandemic, namely Penjana Kerjaya.

Businessman, ex-company director fined for cheating Socso with fake claims for Covid-19 era hiring incentive scheme

Trading of the securities in Boustead Plantations Bhd (BPlant) was suspended for the full day from 9am to 5pm on Tuesday, pending an announcement.

Trading of BPlant, KLK securities halted pending announcement

Donald Trump and his family business are set to stand trial in New York on Monday in a civil fraud case that could deal a major blow to the former US president’s real estate empire.

Donald Trump's business empire in peril as civil fraud trial opens in New York

KUALA LUMPUR (Oct 2): Keck Seng (Malaysia) Bhd, which engages in palm oil cultivation and manufacturing, property development and investment, and hotels and resort ownership businesses, said it will wind down operations and voluntarily liquidate its 99.97%-owned subsidiary, Tanjong Puteri Golf Resort Bhd (TPGR).

Keck Seng (Malaysia) to wind down and liquidate Tanjong Puteri Golf Resort

Astro Malaysia Holdings Bhd announced that it will close down its home shopping business “Go Shop” from Oct 11, citing “challenging overall economic landscape and the changes in consumer shopping behaviour”.

Home shopping Astro Go Shop to cease operations after eight years

Former attorney general Tan Sri Tommy Thomas' legal action against the government and the special task force (STF) which looked into his memoir will now be heard by the Civil Division.

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