PUTRAJAYA: Businessman Tan Sri Halim Saad has lost his appeal to reinstate his lawsuit against the government, former prime minister Tun Dr Mahathir Mohamad and former finance minister II Tan Sri Nor Mohamed Yakcop over losses he allegedly incurred following the government's 2001 acquisition of Renong Bhd and United Engineers Malaysia Berhad (UEM) shares. A three-man...
KUALA LUMPUR: The Employees Provident Fund (EPF) did not incur any losses in its sale and repurchase of Malaysia Airports Holding Bhd (MAHB) shares, says Datuk Seri Amir Hamzah Azizan. “I want to take this opportunity to clarify to Kampar MP (Chong Zhemin) that there are no losses recorded by the EPF regarding the MAHB matter. “With...
KUALA LUMPUR: The Employees' Provident Fund (EPF) needs to explain its decision-making process to buy Malaysia Airports Bhd (MAHB) shares at RM11 each in 2024, a mere year after selling it for RM6 in 2023, said Datuk Seri Dr Wee Ka Siong. "It is said the buying back of shares at RM11 was for privatisation purposes. "Who...
