Article Related To edra-global

This debt repayment and overall debt reduction is a tangible result of 1MDBs successful rationalisation plan.

1MDB has completed the asset monetisation of Edra Global Energy Bhd, with the exchange of shares for cash with a related party.

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.

1Malaysia Development Bhd (1MDB) clarified the allegations made by former prime minister Tun Dr Mahathir Mohamad regarding the sale of Edra Global Energy Berhad.

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.

The 4B project is the development of a new 2,000MW to 2,400MW combined cycle power plant in Alor Gajah, Malacca.

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.

Substantial action undertaken by 1Malaysia Development Berhad (1MDB) will reduce its debts as well as ensuring its sustainability in the long run.

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.

For four years, the bar at Trump International Hotel in downtown Washington was the place to be seen for Donald Trump's circle of allies.

By the end of year, the island could be producing up to 1,400 tonnes of trash a day, overwhelming its sole landfill, deputy mayor says.

Joe Biden's record on the world stage is likely to be heavily defined by his handling of the 15-month war in Gaza.

This leaves the incoming Donald Trump administration to make the decision, according to a White House official.

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The US is set to roll out strict export controls on advanced AI chips. National AI Office Head Sam Majid says the impact on Malaysia will remain minimal for now.

Apple has been dethroned as China’s top smartphone seller, plunging 17% in 2024. Local brands Vivo and Huawei have overtaken the tech giant, bringing it now to 3rd place.

Thailand is stepping up security for tourists to restore confidence among Chinese visitors, with PM Paetongtarn Shinawatra to record a message in Chinese to reassure tourists of their safety.

Malaysia will continue its approach in engaging both the U.S. and China. PM Datuk Seri Anwar Ibrahim says the U.S. remains the largest source of foreign direct investment for the country.

If successful, the ceasefire would halt fighting that has razed much of heavily urbanised Gaza, killed over 46,000 people.