Thursday 18 Apr 2024
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EVENING 5: Ismee agrees 1MDB money entered Najib’s accounts

1. Prosecution witness Tan Sri Ismee Ismail told the Court that RM2.28 billion from 1Malaysia Development Bhd transactions had entered Datuk Seri Najib Razak’s personal accounts. 

2. Genting Bhd said that the maximum amount of funds to be allocated for its proposed share buy-back will be subject to its retained earnings of RM10.37 billion. 

3. Malaysia Building Society Bhd was the most actively traded stock today after it got Bank Negara Malaysia’s nod to commence negotiations with Permodalan Nasional Bhd. 

4. Transocean Holdings Bhd in response to its unusual market activity query says that its major shareholder had explored proposals in relation to its business.  

5. Despite the outlook on retail sales improving, AmInvestment Bank expects rental reversions for malls in prime locations to remain muted. 

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