PUTRAJAYA: Eight people, including a chief executive officer and two senior management of a highway concessionaire, have been remanded, for allegedly accepting bribes involving the construction of two highways in Klang Valley, valued at RM1.6bil. It is learnt that the CEO, who is a Datuk and the two senior management have been remanded for four days...
PETALING JAYA: The highest paid chief executive officer in the United States is neither Apple's Tim Cook nor Tesla's Elon Musk, but Malaysian-born businessman Tan Hock Eng. Tan also surpassed Meta Platforms' Mark Zuckerberg by earning USD162 million in compensation last year, reports the South China Morning Post (SCMP), quoting an analysis by the Wall Street...
CYBERJAYA: Tax evaders wishing to wipe the slate clean with the Inland Revenue Board (LHDN) have until the end of this month to do so, says Datuk Abu Tariq Jamaluddin. This is because the deadline for those seeking a fresh start under the Special Voluntary Disclosure Programme 2.0 (SVDP) ends this May 31, after which they...
PETALING JAYA: Selangor FC are on high alert after its chief executive officer was threatened with an acid attack. According to a source, a team official told Dr Johan Kamal Hamidon that an unidentified person called him while he was visiting Faisal Halim in hospital on Sunday (May 5), saying that Johan would be the next...
PETALING JAYA: Former Malaysian Digital Economy Corporation (MDEC) CEO passed away on Thursday (Feb 29) morning. She was CEO of MDEC from January 2019 to August 2021. Surina had also served as an independent non-executive director of Capital A (formerly known as AirAsia Group) and CIMB Investment Bank Bhd. She leaves behind husband Jasmin Ong Rashid and three...
KUALA LUMPUR: Riad Asmat has resigned as AirAsia's chief executive officer (CEO). In a post on his Instagram account, Riad thanked AirAsia for the journey. "It has been a journey and a half and I loved every single bit of it with no regrets. To my wonderful AllStars, thank you for the undying support given throughout the...
BUTTERWORTH: The water supply to the 590,000 consumers affected by the scheduled disruption from Jan 10 will be restored in stages between 48 and 96 hours from that date. Penang Water Supply Corporation (PBAPP) CEO K. Pathmanathan said the projected recovery is based mainly on each consumer's proximity to the Sungai Dua Water Treatment Plant and...
BUTTERWORTH: A former chief executive officer of an information technology company was fined RM30,000 and sentenced to one day in jail by the Sessions Court here Thursday (Nov 30) after pleading guilty to three charges of cheating related to safety equipment supply works in 2016, involving payments totaling RM115,000. Judge Zulhazmi Abdullah also ordered the accused,...
MELAKA: The CEO of a state-owned company has been arrested for submitting false details on the value of the two vehicles that were supposed to be disposed of through a tender process. Melaka Malaysian Anti-Corruption Commission (MACC) director Mohd Shahril Che Saad said the 46-year-old suspect was arrested when he arrived at their headquarters in Alai...
PETALING JAYA: The financial wellbeing of Malaysia's ageing population has been given attention in Budget 2024. Employees Provident Fund (EPF) chief executive officer Datuk Seri Amir Hamzah Azizan said the Budget announced by Prime Minister Datuk Seri Anwar Ibrahim on Friday (Oct 13) addressed some concerns EPF raised on the long-term financial wellbeing of Malaysians. "The Budget...
