Investor group sues company, two office bearers over fraud linked to RM20.5mil investment
KUALA LUMPUR: A group of investors have sued investment company, Qew Group Bhd, and two of its office bearers over allegations of fraud, linked to a RM20.5mil accumulated investment.
Grandkids' birth cert numbers bring RM11.8mil jackpot windfall to Perak retiree
KUALA LUMPUR: A 62-year-old retired salesman from Perak, who had regularly placed bets of between RM10 and RM20 per draw for the past three decades, has collected a Toto 4D Jackpot 1 prize of RM11.8mil after striking it lucky with numbers derived from his grandchildren's birth certificates.
Finalisation of Asean-Russia trade roadmap a good start; enabling environment crucial, says Anwar
KAZAN: The finalisation of the Asean-Russia Strategic Programme on Trade and Investment Cooperation 2026-2035 is a shot in the arm for the next leap in economic ties but an enabling environment is key to turning them into reality, says Prime Minister Datuk Seri Anwar Ibrahim.
PM: M'sia and Tatarstan see vast potential to expand cooperation in various fields
KAZAN: Malaysia and the Republic of Tatarstan have vast potential to expand cooperation in various fields, including trade, investment, education, tourism, the halal industry, technology and talent development, says Datuk Seri Anwar Ibrahim.
Forest City SFZ can exceed RM2bil investment target this year
ISKANDAR PUTERI: The Forest City Special Financial Zone (SFZ) has the potential to surpass its RM2 billion investment target this year, following the positive response received since its introduction.
GLICs to allocate capital to companies adhering to MY Value Up principles, says Zahid
KUALA LUMPUR: Government-Linked Investment Companies (GLICs) will allocate a portion of their capital to support companies that demonstrate a strong commitment to value creation and the adoption of MY Value Up principles.
BIMB Investment launches shariah-compliant fund targeting small-cap stocks
KUALA LUMPUR: BIMB Investment Management Bhd (BIMB Investment), a subsidiary of Bank Islam Malaysia Bhd (Bank Islam), has launched the BIMB Opportunities Fund (BOF), a Shariah-compliant fund targeting small-cap stocks, with a target fund size of RM50 million this year.
Blackstone closes largest Asia private equity fund at US$13.1bil
KUALA LUMPUR: Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraiser in Asia. (US$1=RM3.96)
Johor polls: BN youth wings give full backing to Onn Hafiz to lead the charge
JOHOR BARU: Johor Barisan Nasional's youth wings have thrown their full support behind Datuk Onn Hafiz Ghazi to continue leading the coalition into the upcoming 16th Johor state election.
Blackstone raises US$13.1bil for its largest Asia private equity fund
ALTERNATIVE asset manager Blackstone said on Tuesday it has raised $13.1 billion for its Asia private equity fund, exceeding its initial target and marking its largest such fundraise in the region.
