Round-the-clock breaking news from Malaysia.
A Malaysian High Court has authorised pre-trial discovery in a RM3.53 million dealership fraud case, determining that requested documents are essential for establishing how funds allegedly moved across multiple companies.
A company director testified in High Court that he was pressured into donating RM19.5 million to Bersatu by a politically connected businessman, insisting he would never have contributed voluntarily.
A construction company's managing director testified in court that he channelled RM19.5 million to political party Bersatu to obtain support for securing the Pulau Indah Ring Road Phase 3 project for a related company.
A Maybank officer testified in court that Permodalan Nasional Berhad transferred RM20.3 million to Fashion Valet in 2018, which became part of the company's operating capital and cash reserves.
A Sessions Court in Kuala Lumpur heard testimony that PNB transferred RM20.3 million in two separate payments to FashionValet, marking a significant development in an ongoing case.
Bursa Malaysia has publicly reprimanded Meridian and fined its executive director for breaching listing rules by submitting annual reports weeks late, depriving investors of audited financial information for extended periods.
KPMG Australia has sanctioned seven employees with financial penalties up to A$180,000 following investigations into the misuse of confidential client information. The disciplinary action marks the latest consequence from a scandal that has already claimed the firm's top leadership.
Malaysia's Retirement Fund (KWAP) is pursuing multiple avenues to recover its RM163.4 million investment in eFishery following deliberate financial manipulation by the Indonesian startup's leadership. The fund has tightened investment controls.
A finance manager at KCJ Engineering testified in High Court that an RM800,000 donation to Bersatu was connected to Jana Wibawa infrastructure projects the company had received.
The Malaysian Anti-Corruption Commission has unfrozen all bank accounts of Padini Holdings Bhd and its subsidiaries following an investigation. No charges or arrests have been made against the garment retailer or its personnel.
Fashion retailer Padini Holdings Berhad announced that the Malaysian Anti-Corruption Commission has restored access to all previously frozen bank accounts tied to its ongoing investigation.
Election watchdog Bersih claims 34 parliamentarians across multiple political parties support establishing a royal commission inquiry to investigate 'corporate mafia' activities, signalling cross-party concern over economic governance.
A businessman testifying in Tan Sri Muhyiddin Yassin's trial revealed his brother allegedly transferred company funds to Bersatu without his knowledge, adding complexity to questions surrounding the political party's financial dealings.
A company director has rejected suggestions that a businessman exploited her position to win contracts, stating uncertainty about former PM Muhyiddin Yassin's knowledge of ownership structures.
A former Kuala Lumpur Kepong Berhad employee entered a not guilty plea to allegations of deliberately misrepresenting crude palm oil inventory status, raising questions about internal controls in Malaysia's largest palm producer.
A member of Thailand's prominent beer-making family has formally withdrawn an 'ungrateful child' lawsuit against her son following serious allegations of sexual misconduct involving another family member.
A member of Thailand's billionaire Bhirombhakdi family, which controls the Singha beer empire, has formally withdrawn a lawsuit against her son after he publicly alleged sexual abuse by his older brother, prompting fresh family reconciliation efforts.
A Boston University study finds that managers vet documents less carefully when told AI produced them, revealing a dangerous accountability gap as companies integrate AI agents into their organizational structures.
Richard White has stepped down as executive chair of Australian logistics software firm WiseTech Global, with Raelene Murphy appointed as independent chair. The move follows media allegations and an Australian Federal Police investigation.
Malaysia's Public Accounts Committee has recommended that Khazanah Nasional and the Employees Provident Fund maintain at least 70% combined ownership of Malaysia Airports Holdings Bhd to safeguard national strategic control over the country's critical aviation infrastructure.
Pertama Digital has been classified as a PN17 company by Bursa Malaysia after its shareholders' equity fell below prescribed levels in FY 2025. The company is proceeding with its regularisation plan filed with the Securities Commission.
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The Malaysian Anti-Corruption Commission has concluded its investigation into HG Power Transmission, the majority-owned subsidiary of listed company Rohas Tecnic Bhd, finding no breaches of anti-money laundering regulations.
The MACC has concluded its investigation into HG Power Transmission Sdn Bhd, the 86.8 per cent-owned unit of Rohas Tecnic Bhd, confirming no further action will be taken against the company or its officers.
Rohas Mohdamin has announced the completion of a Malaysian Anti-Corruption Commission investigation into its subsidiary HG Power Transmission, with all seizure orders now revoked and no further legal action anticipated.
Malaysia's Federal Court has rejected the final appeal of former Patimas director Ng Back Heang in a RM1.2 million insider trading case, concluding that his legal arguments present no novel constitutional issues requiring further review.
KPMG Australia appointed Michael Ebeid as its first independent chairman on Thursday, but the move immediately drew fire from lawmakers who questioned his impartiality given his prior involvement with the firm's governance and the unfolding scandal.
KPMG Australia has appointed Michael Ebeid, former chief of broadcaster SBS, as its inaugural independent chairman as the Big Four firm confronts serious allegations that staff exploited insider data to secure audit contracts.
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A Sessions Court in Kuala Lumpur heard claims that a former Petronas manager leaked confidential reports to Petros, potentially compromising delicate negotiations between the two state-linked organisations.