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Related Special Reports
...Malaysia has been beset by political turmoil since Mahathir stepped down....
...Some conglomerates’ returns have improved after they split their businesses, such as Malaysia’s Sime Darby Berhad, which separated into three in 2017....
...If the wholly owned subsidiary is Wessex Water Services, you have to climb the tree to the great great-great-grandparent YTL Power International Berhad, which is incorporated in Malaysia and quoted on that...
...Another possible outcome is that it privatises 5G network operator Digital Nasional Berhad (DNB), which is owned by the finance ministry....
...Its parent company, Lim’s Malaysia-listed Genting, has applied for one of six gambling concessions in Macau. The group operates casinos and resorts in Singapore and Las Vegas....
...An indirect subsidiary of Malaysia-listed Genting Berhad is betting on winning one of the six licences — set to start next year — from the incumbent holders, including Wynn Macau, Melco Resorts & Entertainment...
...“endeavours towards improving employee engagement and welfare are an ongoing effort”, adding that barbed wire and security personnel “are common security measures used even in private housing areas in Malaysia...
...The application of a Macau-registered entity linked to Malaysian tycoon Lim Kok Thay’s conglomerate, Genting Malaysia, was unsuccessful....
...China Resources Power Holdings, Hong Kong’s CLP Holdings, Malaysia’s Tenaga Nasional Berhad, Japan’s Chubu Electric Power and J-Power have been alerted to the engagement programme, which will launch on Monday...
...Retaining its investments in national carrier Malaysia Airlines and state power company Tenaga Nasional Berhad, which generated 45 per cent of its electricity from coal last year, could make Khazanah’s net...
...Genting Hong Kong, listed in the Chinese territory, is part of the same group as the Malaysian-listed Genting Berhad, but Lim holds 76 per cent of the shares....
...The fate of a former Goldman Sachs banker embroiled in the multibillion-dollar 1Malaysia Development Berhad embezzlement scandal hangs in the balance as one of the most high-profile Wall Street criminal...
...Andy Hall, a workers’ rights specialist who filed the complaint with CBP, said Malaysia was “one of the worst in the world” for forced labour....
World’s biggest rubber-glove maker’s shares jump on news it can resume sales in America
...The group likely had to lower its prices to attract buyers in new markets, said Ng Chi Hoong, an analyst at Affin Hwang Capital in Malaysia....
...Porsche, which has been selling cars in Malaysia via distributor Sime Darby Berhad for the past 10 years, delivered a little more than 400 vehicles in the country in 2020....
...The drop in Top Glove’s shares in recent weeks caught the attention of retail traders in Malaysia....
...The suspension of debt payments comes amid wider pressures facing Genting companies, which also have a presence in Australia and the UK. In May, Moody’s downgraded the credit rating of Genting Berhad....
...Malaysia-based Top Glove’s stock jumped as much as 14 per cent on Friday after Reddit users called on retail investors to buy the shares....
...Late last year, the company was linked to Malaysia’s largest Covid-19 cluster, with more than 5,000 cases, forcing it to temporarily cease operations at 28 of its facilities in the country....
...But Top Glove is now linked to Malaysia’s largest Covid-19 cluster, with more than 5,000 cases, as the country battles a new wave of infections after appearing to contain the virus earlier this year....
...Deloitte has struck an $80m settlement with Malaysia over its role as an auditor to 1Malaysia Development Berhad, the state investment fund at the centre of a multibillion-dollar embezzlement scandal....
...The fund is seen as a gauge of international appetite for sovereign wealth funds in the region after the multibillion-dollar 1Malaysia Development Berhad embezzlement scandal in neighbouring Malaysia....
...One long-term Grab investor said that Tan, who comes from one of Malaysia’s wealthiest families, “needs a high level of power” to negotiate a seat at the table at the region’s messily interlinked world of...
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