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
Trade war will not hinder Malaysia’s GDP growth for 2025 - Rafizi
The finance ministry has projected Malaysia's GDP to grow between 4.5 and 5.5 per cent in 2025.
Wed Feb 05 2025
Trump administration considers adding Shein, Temu to 'forced labor' list, Semafor reports
The move comes after China imposes targeted tariffs on US imports and warnings of possible sanctions against firms like Google.
Wed Feb 05 2025
Thailand to cut power to Myanmar border areas linked to scam centres
Evidence shows transnational crime syndicates in Myanmar's Tachileik, Myawaddy, Payathonzu, that are possible power cut targets.
Wed Feb 05 2025
Trump reimposes 'maximum pressure' on Iran, aims to drive oil exports to zero
Trump signs the presidential memorandum reimposing Washington's tough policy on Iran that was practiced throughout his first term.
Wed Feb 05 2025
FACTBOX: Trump proposes US takeover of Gaza
Here are some remarks that US President Donald Trump made and questions that he answered during a press conference.
Wed Feb 05 2025
Singapore passes law against foreign interference in race-based organisations
Under the Racial Harmony Bill, race-based groups must disclose foreign and anonymous donations, affiliations, and leadership.
Wed Feb 05 2025
Malaysia, Uzbekistan agree to elevate ties to strategic partnership
Malaysia and Uzbekistan noted active cooperation on key issues within international bodies, especially the UN and OIC.
Wed Feb 05 2025
Musk's dad says he arranged son's call with South African leader
Trump's post claiming South Africa is "confiscating land" and mistreating "certain classes" triggers sudden flurry of backdoor diplomacy.
Wed Feb 05 2025
Israel PM Netanyahu says peace with Saudi Arabia is achievable
I think peace between Israel and Saudi Arabia is not only feasible, I think it's going to happen, says Israeli PM Benjamin Netanyahu.
Wed Feb 05 2025
Trump says UN has to 'get its act together,' UN pushes back
US President Donald Trump criticises the United Nations as "not being well run".
Wed Feb 05 2025