ARIES Telecoms (M) Bhd, formerly known as V Telecoms Bhd, was once hailed as the first telecommunications company in Malaysia to have a regional presence in Southeast Asia with its planned US$5 billion Vasseti South Asia Network (VSAN) project. However, the mammoth undertaking, which boasted that it would have more than 30,000km of terrestrial fibre-optic infrastructure across the region, did not pan out, as Bank Pembangunan Malaysia Bhd (BPMB) found out following the conclusion of its investigations in January this year.
KUALA LUMPUR, July 8 The High Court here today granted Bank Pembangunan Malaysia Bhd (BPMB) an ex-parte Mareva injunction against 23 out of 27 defendants as part of a civil.
KUALA LUMPUR, June 29 Bank Pembangunan Malaysia (BPMB) has filed a lawsuit against 27 individuals and entities, including its former president and group managing director Datuk.
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