KUALA LUMPUR: GIIB Holdings Bhd has terminated its suspended executive director, Wong Weng Yew following the investigation report pertaining to the charges of misconduct from the external independent auditor. The technical rubber compound provider, in a Bursa filing, said that based on the investigation report, the investigation committee found sufficient grounds to hold … [Read more...] about GIIB terminates suspended director
What do private investigators charge
Dayang returns to the black in Q1
KUALA LUMPUR: Dayang Enterprise Holdings Bhd has returned to the black with a net profit of RM13.76mil in the first quarter ended March 31 (1Q) against a net loss of RM27.54mil a year ago. It recorded a pre-tax profit during the current quarter as a result of insurance claims received from the incident of Dayang Topaz of RM3.6mil, net realised/unrealised gain in foreign … [Read more...] about Dayang returns to the black in Q1
McDonald’s to sell Russia restaurants to local operator
BENGALURU: McDonald's Corp is selling its Russia business to its current licensee Alexander Govor and the restaurants would operate under a new brand, ending more than three decades of presence in the country following its invasion of Ukraine. The world's largest burger chain owns about 84% of its nearly 850 restaurants in Russia and became one of the biggest global brands to … [Read more...] about McDonald’s to sell Russia restaurants to local operator
No plan to issue central bank digital currency
PETALING JAYA: Bank Negara has no immediate plan to issue a central bank digital currency (CBDC) either in the form of wholesale or retail. Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus said currently, Malaysia’s domestic payment system has remained efficient to support the needs of the economy and allow real-time digital payments. “Also, our current monetary and … [Read more...] about No plan to issue central bank digital currency
Luna founder Do Kwon & company faces S$108.5 million bill for allegedly evading taxes in Korea
Follow us on Telegram for the latest updates: https://t.me/mothershipsg When it rains, it pours for crypto-mogul Kwon Do Hyeong, more commonly known as Do Kwon. The beleaguered founder of the TerraUSD (UST) and Luna cryptocurrencies now reportedly finds himself slapped with a massive tax bill in his native of South Korea, the conclusion of an investigation into … [Read more...] about Luna founder Do Kwon & company faces S$108.5 million bill for allegedly evading taxes in Korea