<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 15): Former finance minister Tun Daim Zainuddin did not show up for his meeting with the Malaysian Anti-Corruption Commission (MACC) on Monday as he was unwell, according to a source.</p></div>

<div class=newsTextDataWrapInner><p>The source said the meeting at the MACC headquarters to record his statement in connection with the agency's investigations into the tycoon's assets has now been postponed, with a new date not known as yet.</p></div>

<div class=newsTextDataWrapInner><p>Last month, the MACC announced that it had seized llham Tower, a commercial property in the golden triangle area of Kuala Lumpur owned by Daim's family.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The former minister and businessman's wife Toh Puan Na’imah Abdul Khalid, and two of their sons, were questioned by the MACC last week.</p></div>

<div class=newsTextDataWrapInner><p>Daim himself had issued a statement earlier this month denying any wrongdoing to warrant him being subjected to MACC investigations.</p></div>

<div class=newsTextDataWrapInner><p>Na’imah was said to have been quizzed for nine hours. Prior to being interrogated by the MACC, she told reporters that her husband was being persecuted for his wealth and success, and that being a successful businessman was not a crime.</p></div>


Former finance minister Tun Daim Zainuddin did not show up for his meeting with the Malaysian Anti-Corruption Commission (MACC) on Monday as he was unwell, according to a source.

Daim skips meeting with MACC as he is unwell — source

Internet investing giant Prosus NV is acquiring Latin American online travel agency Despegar.com Corp for US$1.7 billion (RM7.6 billion).

Prosus to buy online travel agency Despegar for US$1.7b

Capital A Bhd is in discussions with aircraft manufacturers Airbus, Embraer and Comac to purchase new aircraft as part of its expansion strategy for its airline operations under the AirAsia brand.

AirAsia in talks to buy new aircraft as part of expansion strategy — Tony Fernandes

Luigi Mangione, the man suspected of fatally gunning down UnitedHealth Group chief executive Brian Thompson on a Manhattan street, is due to be arraigned on Monday on state murder charges that brand him a terrorist.

UnitedHealth CEO murder suspect faces terrorism charges in New York

HeiTech Padu Bhd (KL:HTPADU) said on Monday that its group managing director and group chief executive officer, Salmi Nadia Mohd Hilmey, is resigning voluntarily from all positions within the company, effective from Dec 31.

HeiTech Padu deputy chairman's daughter relinquishes all positions

Oil prices stabilised on Monday after losses last week as lower-than-expected US inflation data offset investors' concerns about a supply surplus next year.

Oil prices stable on Monday as data offsets surplus concerns

British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a £3.7 billion (US$4.7 billion or RM20.9 billion) cash-and-stock deal, the companies said on Monday, creating the UK's largest home and motor insurer.

UK insurer Aviva to shed up to 2,300 jobs in US$4.7b Direct Line deal

Volkswagen AG managers are facing hefty pay reductions in the coming years as part of an agreement with labour to make Europe’s biggest automaker more competitive.

VW executives face pay cuts as part of restructuring deal

Oil and gas services provider Coastal Contracts Bhd (KL:COASTAL) said a consortium led by the group has secured the bid to develop a 15MWac large-scale solar photovoltaic (PV) plant on Sabah's east coast.

Coastal Contracts consortium wins bid for Sabah LSS power plant project

KL-Kuala Selangor Expressway Bhd (Latar), previously known as Lebuhraya Assamjawa Taman Rimba Bhd, has initiated legal action to enforce an arbitration award totalling RM46.13 million against highway concessionaire Prolintas Expressway Sdn Bhd, a subsidiary of Prolintas Infra Business Trust (KL:PLINTAS).

Latar goes to court to enforce RM46 mil arbitration award against Prolintas

South Korea's military said on Monday it had detected signs of North Korea preparing to send more troops and weapons, including suicide drones, to Russia to support its war against Ukraine.

South Korea says it detects signs of North Korea preparing more troops, drones for Russia

<p>KLCC (Holdings) Sdn Bhd, a unit of national oil and gas company Petroliam Nasional Bhd (Petronas), on Monday said that it has acquired 486 acres of Bandar Malaysia land for an undisclosed price.</p>


KLCC Holdings to develop 486 acres of land acquired from Bandar Malaysia

<p>Oversea-Chinese Banking Corp Ltd will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.</p>


OCBC junior staff to receive S$7.5 mil cost-of-living payout

<p>Malaysia Airlines Bhd has grounded its brand-new Airbus A330neo for at least 48 hours following “a series of technical issues” in less than a week since its inaugural flight, <em>Business Times</em> reported.</p>


Malaysia Airlines grounds new Airbus plane barely days after first flight — report

<p>Bursa Malaysia Bhd (KL:BURSA) said on Monday that it is currently embarking on the succession of its chief executive officer Datuk Muhamad Umar Swift through its nomination and remuneration committee.</p>


Bursa Malaysia says embarking on CEO succession

<p>Shares of Top Glove Corporation Bhd (KL:TOPGLOV) may have little upside as valuations stretched with the recent rally in share prices while earnings outlook remained clouded by both costs and sales concerns.</p>


Top Glove shares may have little further upside amid stretched valuations, outlook cloudy — analysts

<p>1Malaysia Development Bhd (1MDB), the former Malaysian sovereign wealth fund embroiled in one of the largest financial scandals in history, and its subsidiaries have initiated legal claims exceeding US$1 billion (RM4.5 billion) against Hong Kong-headquartered corporate services provider Amicorp Group and its co-founder and chief executive officer Toine Knipping.</p>


1MDB files US$1 bil suit in BVI against Amicorp Group over role in US$7 bil fraud

<p>Tuju Setia Bhd (KL:TJSETIA) has secured a contract worth RM389 million to build serviced apartments in Wangsa Maju, Setapak.</p>

<p>The contract involves construction of two blocks of 52-storey serviced apartments with 17 levels of automated car park, with rooftop facilities and common facilities&nbsp;at ground floor under the Milla Residence, the company said in a statement.</p>


Tuju Setia wins RM389 mil construction contract

<p>As of the third quarter of 2024, highway-related projects awarded to Bumiputera contractors, in Grades G1 to G7, have reached RM15.09 billion, nearly matching the RM15.1 billion allocated to the group last year, said Deputy Works Minister Datuk Seri Ahmad Maslan.</p>


RM15.09 billion highway-related projects awarded to Bumiputera contractors — Ahmad Maslan

<p>International Finance Corporation (IFC) and a consortium of six global financial institutions will lend over US$900 million (RM4 billion) to US-based Yondr for the construction of its data centre in Malaysia.</p>


World Bank's IFC, consortium lend over US$900 mil to Yondr for data centre in Malaysia

<p>The government on Monday announced an additional rooftop solar quota under the net energy metering (NEM) mechanism for households (NEM Rakyat) and the commercial and industrial segment (NEM Nova).</p>


Govt adds rooftop solar quota again; household rebate extended until April

<p>The High Court has dismissed Youth and Sports Minister Hannah Yeoh's libel suit against former inspector general of police Tan Sri Musa Hassan over his comments that she was trying to turn Malaysia into a “Christian nation”.</p>

<p>High Court Judicial Commissioner Arziah Mohamad Apandi in a decision delivered on Monday said that the Segambut Member of Parliament (MP) failed to establish essential elements in a defamatory suit and that there was no malice in Musa's statement. She awarded costs of RM40,000 to Musa.</p>


Court dismisses Hannah Yeoh's suit against former IGP over 'Christian nation' comment

<p>Tun Musa Aman was not a contender for the position of Yang Dipertua Negeri of Sabah as there were others, such as current chief minister Datuk Seri Hajiji Noor, in the running. His name only cropped up one month ago as a replacement for Tun Juhar Mahiruddin, whose term ends this month.</p>

<p>...

Alternative Views: Musa Aman’s comeback spells new chapter for Sabah politics

<p>Personal debt is overwhelming an increasing number of Japanese as higher interest rates and the rising cost of living bite.</p>

<p>Consumer loans are rising at the highest rate in 16 years. Household borrowing exceeded incomes for the first time last year.</p>


Bankruptcies, suicides rise as Japanese struggle with mounting debt

<p>Public approval for Prime Minister Datuk Seri Anwar Ibrahim rose to 54% after two years in power, according to the latest polling published by the research house Merdeka Center last Friday.</p>


Public approval for Anwar, unity govt rises in second year, survey shows

<p>Malaysia’s listed companies must prepare sustainability reporting in their annual reports using the IFRS’ Sustainability Disclosure Standards, Bursa Malaysia announced on Monday.</p>


Listed cos must prepare sustainability reporting using IFRS standards, says Bursa

<p>Malaysia has been ranked first among regional peers in Southeast Asia in Knight Frank’s SEA-5 Data Centre Opportunity Index for the second consecutive year with an annual take-up of 429 megawatts (MW).</p>


Knight Frank: Malaysia continues to lead regional data centre index

<p>Capital A Bhd is expected to exit Practice Note 17 (PN17) status by the first quarter of next year after submitting its proposed regularisation plan to Bursa Malaysia Securities Bhd on Monday.</p>


Capital A to exit PN17 status by 1Q2025, says CEO

<p>Honda and Nissan have started talks toward a potential merger, they said on Monday, a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers now pose to some of the world's best known car makers.</p>


Honda and Nissan start merger talks in historic pivot

<p>Two commercial projects by S P Setia Bhd (KL:SPSETIA) namely Pines Avenue at Setia EcoHill 2 and Baris Place 2 at Setia Mayuri, both located in Semenyih, Selangor, have been fully taken up, according to a statement on Monday.</p>


Two recently launched commercial projects in Semenyih by S P Setia fully taken up

<p>His second term doesn’t start for a month, but Donald Trump is already sending shock waves around the world.</p>

<p>His trade threats helped set off a cabinet crisis in Canada that has Prime Minister Justin Trudeau teetering. In Europe, tariff fears have weakened already-wobbling governments.</p>
