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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: Rationalisation to reduce debts, ensure sustainability

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

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
The big DC mystery: Where will Trump and his circle hang out?

The big DC mystery: Where will Trump and his circle hang out?

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.
Sat Jan 18 2025
Thai resort island Phuket grapples with growing garbage crisis

Thai resort island Phuket grapples with growing garbage crisis

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.
Sat Jan 18 2025
Analysis - Biden to hand unfinished agenda to Trump for chaotic Mideast

Analysis - Biden to hand unfinished agenda to Trump for chaotic Mideast

Joe Biden's record on the world stage is likely to be heavily defined by his handling of the 15-month war in Gaza.
Sat Jan 18 2025
Biden administration will not enforce TikTok ban, says White House official

Biden administration will not enforce TikTok ban, says White House official

This leaves the incoming Donald Trump administration to make the decision, according to a White House official.
Sat Jan 18 2025
AWANI Tonight: 17th Jan 2025

AWANI Tonight: 17th Jan 2025

#AWANITonight with Faye Kwan

- M’sia to continue engaging with both U.S. and China - PM
- Thai PM reassures Chinese tourists over safety concerns

#AWANIEnglish #AWANINews
Fri Jan 17 2025
AWANI Tonight: U.S. tightens rule on AI chip exports, what's the impact on M'sia?

AWANI Tonight: U.S. tightens rule on AI chip exports, what's the impact on M'sia?

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.
Fri Jan 17 2025
AWANI Tonight: Apple loses top spot in China’s smartphone market

AWANI Tonight: Apple loses top spot in China’s smartphone market

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.
Fri Jan 17 2025
AWANI Tonight: Thai PM reassures Chinese tourists over safety concerns

AWANI Tonight: Thai PM reassures Chinese tourists over safety concerns

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.
Fri Jan 17 2025
AWANI Tonight: M’sia to continue engaging with both U.S. & China

AWANI Tonight: M’sia to continue engaging with both U.S. & China

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.
Fri Jan 17 2025
Hamas set to release first hostages under Gaza ceasefire deal, Israel says

Hamas set to release first hostages under Gaza ceasefire deal, Israel says

If successful, the ceasefire would halt fighting that has razed much of heavily urbanised Gaza, killed over 46,000 people.
Fri Jan 17 2025