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Rafizi's call for Edra IPO boycott nonsensical, says MP

Rafizi's call for Edra IPO boycott nonsensical, says MP

Fauzi joined a chorus of strong criticisms against Rafizi , with Minister in the Prime Minister's Department Datuk Seri Rahman Dahlan calling it akin to an economic sabotage.
Tue Jul 11 2017
Edra on track to build pilot solar power plant in Kedah

Edra on track to build pilot solar power plant in Kedah

Independent power producer (IPP), Edra Power Holdings Sdn Bhd, is on track to build its pilot large-scale solar photovoltaic plant in Kedah by early 2018, with a generating capacity of 50 MWac.
Sun Mar 19 2017
Fire incident at Edra's Jimah power plant promptly put out

Fire incident at Edra's Jimah power plant promptly put out

In a statement today, Edra Power said, at 8.20am on Feb 2, the current transformer of Unit 1 at the plant's switchyard burst and caught fire.
Sat Feb 04 2017
1MDB unit settles RM700 mln syndicated term loan facility

1MDB unit settles RM700 mln syndicated term loan facility

This debt repayment and overall debt reduction is a tangible result of 1MDBs successful rationalisation plan.
Fri Mar 25 2016
1MDB: Monetisation of Edra completed

1MDB: Monetisation of Edra completed

1MDB has completed the asset monetisation of Edra Global Energy Bhd, with the exchange of shares for cash with a related party.
Wed Mar 23 2016
1MDB to cut debts by RM17 bln with CGN agreement

1MDB to cut debts by RM17 bln with CGN agreement

The Finance Ministry said this was achieved following the share sale and purchase agreement signed with CGN for the sale of 1MDB's 100 per cent ownership in Edra's energy assets on Nov 23 this year.
Thu Dec 03 2015
1MDB clarifies Tun Mahathir's statement on Edra Global Energy's sale

1MDB clarifies Tun Mahathir's statement on Edra Global Energy's sale

1Malaysia Development Bhd (1MDB) clarified the allegations made by former prime minister Tun Dr Mahathir Mohamad regarding the sale of Edra Global Energy Berhad.
Sun Nov 29 2015
1MDB's Edra Energy disposes of assets to Chinese firm for RM9.83 bil

1MDB's Edra Energy disposes of assets to Chinese firm for RM9.83 bil

1MDB's energy arm, Edra Global Energy Bhd, is disposing of all its assets to China General Nuclear Power Corp and its units for RM9.83 billion.
Mon Nov 23 2015
Edra to collaborate with Malacca Govt to identify local companies for 4B project

Edra to collaborate with Malacca Govt to identify local companies for 4B project

The 4B project is the development of a new 2,000MW to 2,400MW combined cycle power plant in Alor Gajah, Malacca.
Sun Nov 15 2015
1MDB to finalise bids for Edra, Bandar Malaysia by mid-November

1MDB to finalise bids for Edra, Bandar Malaysia by mid-November

The strategic investment company was in the process of negotiating the sale and purchase agreement (SPA) with the three final bidders for Edra Global Energy.
Sat Oct 31 2015
1MDB confident of signing three agreements by year-end

1MDB confident of signing three agreements by year-end

1MDB expects to rake in billions from equity sales in Edra Energy, from debt equity swap with an Abu Dhabi wealth fund and from land and equity sales in Bandar Malaysia.
Wed Oct 28 2015
1MDB receives three final offers for EDRA

1MDB receives three final offers for EDRA

Over the next few weeks, 1MDB will be conducting an evaluation of the offers received, including reviewing the terms and conditions of the definitive agreements proposed.
Fri Oct 16 2015
1MDB launches Pulau Indah land sale process

1MDB launches Pulau Indah land sale process

1Malaysia Development Bhd has started the land sale tender process for its 128.7 hectares in Pulau Indah, Selangor.
Mon Sep 21 2015
1MDB to shortlist preferred bidders on Bandar Malaysia project before end of 2015

1MDB to shortlist preferred bidders on Bandar Malaysia project before end of 2015

1Malaysia Development Bhd (1MDB) expects to shortlist preferred bidders to participate as development partners in Bandar Malaysia project before the end of this week.
Mon Sep 07 2015
Arul Kanda confident 1MDB debts can be settled within 6 months

Arul Kanda confident 1MDB debts can be settled within 6 months

Arul Kanda Kandasamy remains confident that 1MDB debts can be settled within six months.
Wed Aug 12 2015
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
Sweden's top court rejects Greta Thunberg lawsuit on climate action

Sweden's top court rejects Greta Thunberg lawsuit on climate action

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025