<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 13): The Royal Malaysian Police (PDRM) confirmed that Wan Muhammad Azri Wan Deris, or Papagomo, was arrested at his residence in Putrajaya Friday morning to assist in the investigation into a case of fraudulent fundraising using the name of a company.</p></div>

<div class=newsTextDataWrapInner><p>Inspector General of Police Tan Sri Razarudin Husain, who confirmed the matter, said that Wan Muhammad Azri's arrest was carried out by the Bukit Aman Anti-Money Laundering (AMLA) Criminal Investigation Team.</p></div>

<div class=newsTextDataWrapInner><p>"The investigation is being conducted under Section 420 of the Penal Code," he said when contacted, here today.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The media on Friday reported that Wan Muhammad Azri was arrested at about 1.30am to assist in the investigation into the case of manipulating the name of a company to collect funds from the public.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, Wan Muhammad Azri's lawyer, Muhammad Rafique Rashid, said his client was remanded for a day.</p></div>

<div class=newsTextDataWrapInner><p><i>Uploaded by Magessan Varatharaja</i></p></div>


The Royal Malaysian Police (PDRM) confirmed that Wan Muhammad Azri Wan Deris, or Papagomo, was arrested at his residence in Putrajaya Friday morning to assist in the investigation into a case of fraudulent fundraising using the name of a company.

Papagomo nabbed in fraud probe

KUALA LUMPUR (Dec 16): The High Court here has ordered former prime minister Tan Sri Muhyiddin Yassin to pay RM400,000 to DAP chairman Lim Guan Eng by year’s end, and the remaining RM1 million by Jan 27 next year.

High Court orders Muhyiddin to pay RM400k to Guan Eng by year’s end, and balance RM1m by Jan 27

The UK and Malaysia now have a free trade agreement for the first time. On Dec 15, the UK joined Malaysia and 10 other countries to become the newest member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

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Advancecon Holdings Bhd (KL:ADVCON) has bagged a main infrastructure work contract worth RM44.6 million by Sime Darby Property Bhd (KL:SIMEPROP) for the development at Elmina West.

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Gamuda Bhd's (KL:Gamuda) Australian subsidiary DT Infrastructure Pty Ltd has secured a A$625 million (RM1.8 billion) engineering, procurement and construction (EPC) job for the Goulburn River Solar Farm project.

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At least one in four firms in Indonesia evaded tax, which is more prevalent among exporters, according to a World Bank survey.

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KUALA LUMPUR (Dec 16): Yinson Holdings Bhd (KL:YINSON), whose share price dropped nine sen in the morning session on Monday, is expected to see strong earnings ahead, as it gears up to deliver multiple major floating production storage and offloading (FPSO) units, with new opportunities on the horizon, said analysts.

Yinson poised for strong earnings growth amid major FPSO deliveries, say analysts

International Finance Corp (IFC) sees this year’s annual funding commitments to Singapore remaining near a record level, according to a regional executive.

International Finance Corp sees Singapore commitments remaining near record US$2 bil

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Thailand said on Monday it will host two regional meetings on Myanmar this week, with at least one to have representatives of the junta, as the Malaysian prime minister said efforts were being made to bring Myanmar back to the fore of Asean.

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Singapore home sales jumped to their highest level in more than a decade, confirming a property market revival that’s raising expectations of further government curbs.

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<p>TopVision Eye Specialist Bhd (KL:TOPVISN) shares staged a strong debut on the ACE Market on Monday, as it looked to raise close to RM18 million from its initial public offering (IPO).</p>


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<p>(Dec&nbsp;16) :&nbsp;Australia’s markets watchdog sued HSBC Bank of Australia Ltd&nbsp;for failing to protect customers who lost millions of dollars in scams.&nbsp;</p>


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<p>(Dec&nbsp;16):&nbsp;Asian stocks are set to fall on Monday, ahead of a swath of Chinese data and a vow from the nation’s regulators to stabilise markets. South Korean assets will be closely watched after President Yoon Suk Yeol was&nbsp;impeached.&nbsp;</p>


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<p>The International Monetary Fund (IMF) has assessed Malaysia's current monetary policy stance as appropriate but emphasised that Bank Negara Malaysia has to be ready to tighten policy in 2025 amid inflation risks.</p>


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<p>KUALA LUMPUR (Dec 16): TNG Digital Sdn Bhd urges users to verify their TNG eWallet accounts for better security, according to its statement on Monday.</p>


TNG Digital urges users to complete acct verification via eKYC tech from Dec 20

<p>Grab Holdings Ltd’s ability to cut costs and edge out rivals in Southeast Asia’s ride-hailing arena helped push its share performance above global peers this quarter, with some analysts citing further gains ahead.</p>


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<p>China's industrial output growth quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to ramp up stimulus for a fragile economy as it braces for more US trade tariffs under a second Trump administration.</p>


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<p>TOKYO/SINGAPORE (Dec 16): Bitcoin&nbsp;surged to a record high above US$106,000 (RM471,944) in early Asian trade on Monday, boosted by comments from President-elect Donald Trump that suggested he plans to create a US&nbsp;bitcoin&nbsp;strategic reserve similar to its strategic oil reserve.</p>


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<p>(Dec&nbsp;16) :&nbsp;What was supposed to be a comeback year for Boeing Co. has turned into its worst stock-market plunge since 2008, and if Wall Street is right, the plane-maker’s shares may have only a modest recovery in store in 2025.&nbsp;</p>


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<p>(Dec&nbsp;16) : South Korea’s currency and its stock market will take centre stage on Monday, as investors respond to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law.</p>


Korean won, stocks take spotlight after impeachment vote

<p>Gamuda Bhd's (KL:Gamuda) Australian subsidiary DT Infrastructure Pty Ltd has secured a A$625 million (RM1.8 billion) engineering, procurement and construction (EPC) job for the Goulburn River Solar Farm project.</p>


<p>SEOUL (Dec 16):&nbsp;South&nbsp;Korean shares climbed on Monday to their highest level in more than two weeks, after parliament impeached President Yoon Suk Yeol over the short-lived martial law.</p>


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<p>PUTRAJAYA (Dec 16): Thailand’s Prime Minister Paetongtarn Shinawatra, who is on a two-day official visit to Malaysia, attended&nbsp;an official welcoming ceremony at Perdana Putra Complex&nbsp;here on Monday.</p>


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<p>SEOUL (Dec 16): South Korea’s Constitutional Court will begin on Monday reviewing the impeachment of President&nbsp;Yoon&nbsp;Suk Yeol over his Dec&nbsp;3&nbsp;martial law&nbsp;attempt, while investigators said they plan to question him this week.</p>


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<p>On its website, SD Guthrie Bhd (KL:SDG) prides itself on being one of the world’s largest producers of certified sustainable palm oil. It has also been a member of the Roundtable on Sustainable Palm Oil since 2004.</p>

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<p>KUALA LUMPUR (Dec 15): Umno&nbsp;Supreme Council member Tengku Datuk Seri Zafrul Tengku Abdul Aziz stressed that he has not yet made any decision regarding the rumours of him&nbsp;joining PKR.</p>


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<p>KUALA LUMPUR (Dec 16): The Malaysia-China Summit 2024 (MCS 2024), set to be held&nbsp;here from Dec 17-19,&nbsp;has secured strong backing from prominent sponsors and partners.</p>
