PETALING JAYA: The International Petroleum Investment Company (IPIC) and Aabar Investments PJS (Aabar PJS) have agreed to pay US$1.8bil (RM8.06bil) to the Minister of Finance (Incorporated) and 1Malaysia Development Berhad (1MDB).
PONTIAN: The appointment of chairmen and board members to replace those regarded as political appointees will be done within the next two months, says Datuk Seri Ahmad Maslan.
KUALA LUMPUR: Bank Pembangunan Malaysia Bhd’s acquisition of Danajamin Nasional Bhd will allow the enlarged entity to have a greater market impact, cementing its strategic importance, RAM Ratings says.
UPDATED 8.30pm | Finance Minister Incorporated, the sole shareholder of Prasarana, removes Tajuddin Abdul Rahman a day after his off-colour press conference.