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 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
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
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 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
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
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: Rationalisation to reduce debts, ensure sustainability
Substantial action undertaken by 1Malaysia Development Berhad (1MDB) will reduce its debts as well as ensuring its sustainability in the long run.
Sat Jul 18 2015
1MDB's accounts being audited in stages - Ahmad Husni
Deloitte is auditing 1Malaysia Development Bhd's (1MDB) financial accounts in stages, beginning with Edra Global Energy Bhd (Edra), an energy asset company owned by 1MDB, the Dewan Rakyat was told.
Mon Jun 15 2015
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
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
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
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
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
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
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
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
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
A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025