KUALA LUMPUR, Oct 22 — CIMB Group Holdings Bhd today denied plans to privatise its Indonesian banking subsidiary, PT Bank CIMB Niaga Tbk. In a statement, the group said it has made no decision and tabled no formal proposal on the potential privatisation of CIMB Niaga. The 92.5-per-cent-owned unit remains an integral part of the

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KUALA LUMPUR, Oct 21 — Ten dismissed Negeri Sembilan executive council members have mounted an unprecedented constitutional dispute at the Federal Court, asking it to determine if the Yang di-Pertuan Besar has the prerogative to revoke their appointments without the advice of the menteri besar. The lawsuit challenges the decision by Tuanku Muhriz Tuanku Munawir

KUALA LUMPUR, Oct 21 — Malaysia’s major telcos are set to gain a bigger say over Digital Nasional Bhd’s direction as the wholesale 5G operator moves closer to a new ownership structure led by CelcomDigi, Maxis and YTL Power. The transition follows DNB’s completion of a RM5.2 billion financing exercise, paving the way for the

MUMBAI, Oct 21 — The digital arm of conglomerate Reliance Industries launched its potentially record-breaking IPO today, testing billionaire owner Mukesh Ambani’s digital ambitions after a turbulent year marked by energy conflicts and clashes with Elon Musk. Jio Platforms, home to the country’s biggest wireless operator, is looking to raise up to US$3.2 billion (RM13

KUALA LUMPUR, Oct 20 — The East Coast Rail Link (ECRL) will offer a 30 per cent discount on Economy Transit and Express fares for the first month of operations.  The Malaysia Rail Link Sdn Bhd (MRL) is targeting December 12 for the start of services, with ticket sales expected to begin in mid-November, Transport

KUALA LUMPUR, Oct 20 — Malaysian Border Control and Protection Agency (AKPS) director-general Datuk Seri Mohd Shuhaily Mohd Zain has confirmed that he will appear at the Sepang Magistrate’s Court tomorrow to face a charge of assaulting two police personnel. Mohd Shuhaily said he was prepared to face the country’s legal process and accept whatever

KUALA LUMPUR, Oct 20 — Prime Minister Datuk Seri Anwar Ibrahim told Parliament today that the Securities Commission (SC) pursued further action in the corporate scandal involving Serba Dinamik Berhad, leading to new charges in early 2026. The scandal caused huge financial losses to shareholders after Serba Dinamik’s market capitalisation plunged by more than 99

KUALA LUMPUR, Oct 20 — Prime Minister Datuk Seri Anwar Ibrahim said no instructions had been issued to delay or halt investigations into alleged misappropriation involving the Federal Land Development Authority (Felda). Anwar, who is also finance minister, said the process took time to ensure that the investigation papers were complete before prosecution could be