Tag Archives: 1MDB

The government-owned 1Malaysia Development Bhd (1MDB) may as well seek funds from loan sharks, based on the exorbitant payments it made just to secure a loan guarantee for its subsidiaries, Petaling Jaya Utara MP Tony Pua says "1MDB might as well have gone to the loan sharks to raise the funds. …

Malaysian state investor 1Malaysia Development Bhd (1MDB) took a big step towards a planned US$ 3 billion IPO for its power plant assets, filing a long-awaited application for a flotation that will reduce its huge debt burden, sources said. The initial public offering (IPO) plans have been delayed s …

Video | KiniTV: 1Malaysia Development Berhad (1MDB) had used RM3.8 billion of the RM9.6 billion in bonds it raised in 2013 to repay and service its debts, which is a "clear breach" of its offering circular issued to investors about the bond raising exercise. 'RM3.8bil of 1MDB bonds us …

Gov't insists no guarantee for 1MDB Ahmad Maslan says this despite the guarantee letter published by The Edge. Gov't insists no guarantee for 1MDB

Support letter contradicts gov't on 1MDB debt Amount is RM10 bil today, way above RM5.8 bil confirmed by Ahmad Maslan. Support letter contradicts gov't on 1MDB debt

Rafizi vows damning revelation on 1MDB PKR MP to reveal names of those involved in Cayman Island funds. Rafizi vows damning revelation on 1MDB

1MDB lodges its annual financial report for the year ended March 2014 with the Companies Commission of Malaysia. 1MDB lodges its annual financial reportwww.kinibiz.comState investment fund 1Malaysia Development Bhd (1MDB) claims to have lodged its annual financial report for the year ended March 201 …

FREE: If 1MDB, our strategic investment fund, can give full and satisfactory answers to these pressing questions let them do so. Otherwise they must be simply regarded as a multi-billion ringgit renegade government company. 1MDB: A renegade that has to be brought under controlwww.kinibiz.comThis jun …

1MDB misses own deadline to submit accounts KINIBIZ It said last month that it has until end of October to submit them. 1MDB misses own deadline to submit accounts

No comissions paid in fundraisers, says 1MDB It responds to claims by Tony Pua and the raft of allegations against it. No comissions paid in fundraisers, says 1MDB

Tony Pua said that Malaysians can only conclude that the 1MDB top management was “fleeced naked by an unscrupulous and unethical Goldman Sachs” Pua: Was 1MDB fleeced naked?www.kinibiz.comA lawmaker has asked today whether strategic investment fund 1Malaysia Development Bhd (1MDB) was “fleeced naked” …

Cynthia Gabriel | No further debt, C4 tells PM on 1MDB Malaysians have every right to demand accountability, transparency and integrity in the management and operations of 1Malaysia Development Berhad (1MDB) and the use of its funds. 1MDB is Malaysia's second federal government wholly owned str …

What happens now? … 1MDB has not lodged its annual report with the authorities for the financial year ended March 2014 and is believed to have missed a month-end deadline to do so under company law. 1MDB yet to lodge annual reportwww.kinibiz.com1MDB has not lodged its annual report for the fin …

Penang Chief Minister Lim Guan Eng said that 1Malaysia Development Bhd (1MDB) has to answer the people on the RM1.38 billion purchase of freehold land in Air Itam, Penang. Lim said he wanted answers as to why the purchase price was RM1.38 billion – 95% higher than what some of the land was val …

1MDB may lose RM1bil after 'hasty' land deals The Edge says deal to help BN's GE13 chances in Penang a costly affair. 1MDB may lose RM1bil after 'hasty' land deals