Malaysia's news, around the clock.
Bursa Malaysia has publicly reprimanded Meridian and fined its executive director for repeatedly missing annual report filing deadlines. The delays, spanning 17 and 18 months respectively, deprived investors of critical audited financial statements.
A company director told the High Court she drafted five letters on behalf of separate firms, all addressed to then Prime Minister Tan Sri Muhyiddin Yassin, to solicit projects under the Jana Wibawa initiative.
Finance Minister Anwar Ibrahim has alleged that the government pension fund KWAP fell victim to deliberate fraud in a RM200 million investment in eFishery, with company management accused of intentionally manipulating financial statements.
Prime Minister Datuk Seri Anwar Ibrahim will face questions in the Dewan Negara regarding the Retirement Fund Incorporated's investment in eFishery, a decision that has drawn public attention.
The Malaysian Anti-Corruption Commission has lifted restrictions on all bank accounts belonging to Padini Holdings Bhd and its subsidiary companies that were frozen during a corruption probe, signalling conclusion of the investigation phase.
KWAP says it is actively pursuing all options to recover its RM163.4 million investment in eFishery after discovering the Indonesian aquaculture startup engaged in deliberate financial fraud and misrepresentation.
Electoral reform group Bersih says 34 MPs from multiple parties including PKR, PAS, DAP and Umno back establishing a royal commission to investigate alleged corporate mafia operations.
The Malaysian Anti-Corruption Commission has released frozen bank accounts belonging to Padini Holdings and its subsidiaries. No arrests or charges have been made against company personnel following the probe.
The Bhirombhakdi family, owners of Singha beer, has reaffirmed its opposition to all forms of violence and abuse as family member Sunit Scott steps down from business duties. The matter proceeds through legal channels with court-supervised mediation scheduled.
HG Power Transmission has received formal notification that a Malaysian Anti-Corruption Commission investigation into its operations has concluded, with all seizure orders now lifted and no further action anticipated.
Australia's corporate regulator has begun reviewing audit conduct complaints at the Big Four accounting firms following recent misconduct allegations against KPMG, signalling a broader crackdown on the auditing sector.
A mother from Thailand's billionaire Bhirombhakdi family has formally withdrawn her 'ungrateful child' lawsuit against her son after he publicly accused his older brother of sexual abuse, marking a dramatic reversal in a dispute that has roiled one of Southeast Asia's major brewing dynasties.
KPMG Australia appointed Michael Ebeid as its first independent chairman following a major audit leak scandal, but lawmakers immediately questioned his suitability, citing his prior involvement with the firm and critical views of whistleblower allegations.
Australia is examining whether to structurally separate the Big Four accounting firms' audit and consulting divisions following repeated ethics breaches that have eroded public confidence in the sector.
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A court has heard testimony concerning an alleged information leak that could undermine sensitive commercial negotiations between Malaysian petroleum giants Petronas and Petros. A witness expressed shock at the incident.
Gautam Adani's legal representatives have requested a Brooklyn federal judge formally dismiss criminal charges after US prosecutors announced they would no longer pursue the case, though civil penalties remain outstanding.
Ajinomoto Co Inc, which owns 50.38% of Ajinomoto Malaysia, is moving to privatise and delist the monosodium glutamate producer for RM603.4 million. Minority shareholders will receive RM20 per share, representing a substantial premium to recent trading prices.
KPMG Australia's chairman Martin Sheppard and two senior audit partners have resigned following allegations the firm improperly accessed confidential client data to secure audit contracts, marking a significant escalation in the firm's governance crisis.
KPMG Australia's chair and several partners are stepping down as the firm implements sweeping changes following serious misconduct allegations involving improper use of confidential client information.
Shareholders led by a Detroit pension fund have sued Uber's board, alleging systemic compliance failures that enabled sexual misconduct by drivers and disability discrimination. The company faces over 3,500 related lawsuits.
GIIB Holdings Bhd has reinstated its founder Tai Boon Wee to the position of non-executive chairman following a clearance from the Malaysian Anti-Corruption Commission, marking his return to the company's leadership structure.