YU Syndicate Axes ALX Directors YNH Property is caught Red-Handed
YU Syndicate's leaders replace exposed directors at ALX Assets after being caught in a scandal involving YNH Property Bhd & Rapid Synergy Bhd.
YNH Property Bhd Scandal: A Family Affair of Fraud, Embezzlement, and...
In this shocking exposé, we unravel the complex web of deceit surrounding the YU Syndicate and YNH Property Bhd, where key players allegedly embezzled millions through fraudulent joint ventures and secret agreements. Discover the dark side of corporate Malaysia and the implications of this massive scandal.
KNM Group Directors found guilty of violating bankruptcy law in an...
(updated 3 June 2021) KNM Group Berhad’s (KNM) Director and CEO, Lee Swee Eng (recently forced into retirement when he was charged with Insider...
Asian FX, stocks rise as strong U.S. GDP data aids risk...
The Philippine Peso and Malaysian Ringgit led Asian currency gains, driven by positive U.S. economic data. Both currencies strengthened in January, with the ringgit appreciating about 4% and the peso reaching its highest level since June, reflecting improved economic outlook and investor optimism.
Malaysia’s total trade up 8.6% to RM236bil in December 2022
Malaysia's total trade reached RM236.0 billion in December 2022, marking an 8.6% increase year-on-year. Exports rose 6.0% to RM131.9 billion, while imports grew 12.0% to RM104.1 billion. The Department of Statistics Malaysia reported a new trade milestone for 2022, totaling RM2.8 trillion.
IAEA sends staff to all Ukraine nuclear plants in safety bid
The International Atomic Energy Agency has dispatched expert teams to each of Ukraine's nuclear power plants, including Zaporizhzhia and Chernobyl, to minimize safety risks during the ongoing war with Russia.
China investment will boost green economy in Malaysia, says biz leader
A business leader in Perak suggests that increased Chinese investment and tourism could help Malaysia transition to low-carbon development, particularly in emerging sectors like electric vehicle manufacturing.
KNM Group Berhad’s Impress Ethanol Co., Ltd. THB2.7 Billion Bond Scandal...
KNM Group Berhad's executive leadership, including Gan Siew Liat and her family, are embroiled in an insider trading scandal. Impress Ethanol Co. Ltd. has suffered significant financial losses, with a critical THB2.7 billion bond due this year and no operational ethanol revenues to support repayment.
KNM Executive Director diverted ESOS Employee Entitlement to Family Members
Gan Siew Liat, Executive Director of KNM and also the wife of Lee Swee Eng, former CEO of KNM, who is on trial for...
US accuses Russia of endangering nuclear arms control treaty
The Biden administration warns that Russia's refusal to resume nuclear facility inspections undermines the New START treaty. Since the 2020 COVID-19 pandemic, both nations suspended on-site inspections, raising concerns about potential arms control breakdown.
