Malaysia's freshest news, trending stories and local buzz.
Two directors of a Penang caster wheel manufacturer faced court proceedings after being charged with multiple counts of failing to remit RM193,306.28 in accumulated sales tax and associated penalties.
A former unit trust consultant has been convicted and sentenced to 18 months imprisonment plus a RM2 million fine for perpetrating investment fraud against clients.
Bursa Malaysia has publicly reprimanded Meridian and fined its executive director for breaching listing rules by filing annual reports significantly late, leaving investors without audited financial statements for extended periods.
A Langkawi childcare centre has announced it will cease operations pending a police investigation into allegations of child neglect and inappropriate treatment of children in its care.
Johor's Iskandar Puteri City Council has issued a Stop-Business Notice to Network School in Forest City following investigations that revealed serious breaches of business licensing conditions and unauthorized use of commercial premises for educational activities.
Malaysia's Court of Appeal has unanimously upheld a landmark insider trading judgment against former WCT deputy managing director Goh Chin Liong and Ara Holdings director Leong Ah Chai, affirming RM5.83mil in penalties.
A US federal judge has approved the SEC's settlement with Elon Musk over delayed Twitter share disclosures, but voiced substantial misgivings about whether the world's richest person received preferential treatment unavailable to other securities violators.