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rationalisation plan

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Sale of Lot 41 to fund 1MDB rationalisation plan - PAC

Sale of Lot 41 to fund 1MDB rationalisation plan - PAC

The sale of Land Grant 18335, Lot 41, Section 51 in Kuala Lumpur (Land Lot 41) to BNM by the government was for the purpose of funding of 1MDB's rationalisation plan.
Mon Dec 13 2021
1MDB to use money from rationalisation plans to pay IPIC

1MDB to use money from rationalisation plans to pay IPIC

This amount is half of the total payment due to IPIC by both 1MDB and Malaysia's Ministry of Finance (MOF).
Tue Aug 01 2017
Johor government conducts study on manpower rationalisation plan

Johor government conducts study on manpower rationalisation plan

State Unity and Human Resource Committee chairman R. Vidyananthan said the plan would reduce the dependence on foreign workers and would provide more jobs to the local population.
Thu May 25 2017
1MDB reiterates that its liquidity position is strong

1MDB reiterates that its liquidity position is strong

1MDB has reiterated that its liquidity position is strong and the company remains focused on the successful execution of its rationalisation plan.
Wed Jun 08 2016
1MDB will be a shell company, says Arul Kanda

1MDB will be a shell company, says Arul Kanda

1Malaysia Development Bhd (1MDB) will be a shell company once the rationalisation plan is fully implemented, says President and Executive Director Arul Kanda.
Thu Apr 07 2016
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 here to stay, says Arul Kanda

1MDB here to stay, says Arul Kanda

1MDB will continue to operate even after its rationalisation plan is completed, as it has obligations that need to be fulfilled, President/Group Executive Director Arul Kanda Kandasamy.
Tue Jan 12 2016
MASwings suspends Kuching-Pontianak-Kuching flight

MASwings suspends Kuching-Pontianak-Kuching flight

The airline says the suspension is part of its network rationalisation plan with the intention to concentrate on the growing domestic routes, its core market.
Fri Jan 08 2016
1MDB completes rationalisation plan as promised - Arul Kanda

1MDB completes rationalisation plan as promised - Arul Kanda

1MDB has completed its rationalisation plan within six months, as promised, following the sale of a 60 per cent stake in Bandar Malaysia today.
Thu Dec 31 2015
Arul Kanda wants breathing space to implement 1MDB rationalisation plan

Arul Kanda wants "breathing space" to implement 1MDB rationalisation plan

The public should give the company "breathing space" to enable it to implement a rationalisation plan to reduce its debts, says Arul Kanda.
Sat Oct 31 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
Talkshow Bernama TV with Arul Kanda (full transcript)

Talkshow "Bernama TV with Arul Kanda" (full transcript)

Following is the full transcription of the talkshow "Bernama TV with Arul Kanda" with respect to 1MDB aired at 10pm Wednesday.
Wed Oct 28 2015
1MDB's rationalisation plan will reduce reliance on Govt

1MDB's rationalisation plan will reduce reliance on Govt

1MDB should be allowed to implement its rationalisation plan so that the company can reduce its reliance on government assistance, its President Arul Kanda says.
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 says DAP out to impede rationalisation plan

1MDB says DAP out to impede rationalisation plan

1MDB said DAP was driven by its political agenda which was designed to frustrate and impede the implementation of 1MDB's rationalisation plan.
Fri Oct 16 2015
Sivasangari eyes new career-high in world rankings

Sivasangari eyes new career-high in world rankings

After climbing to a career-best world number seven, national women's squash ace S. Sivasangari is determined to keep rising.
Wed Feb 19 2025
Outburst against Steven Sim: DAP will probe if there's a complaint - Loke

Outburst against Steven Sim: DAP will probe if there's a complaint - Loke

DAP secretary-general Anthony Loke says the disciplinary committee has not received any reports related to the incident so far.
Wed Feb 19 2025
US judge will not block Elon Musk from firing federal workers, accessing data

US judge will not block Elon Musk from firing federal workers, accessing data

The case raises questions about Musk's apparent unchecked authority as a top deputy to President Donald Trump.
Wed Feb 19 2025
Dozens of false killer whales stranded on remote Australian beach

Dozens of false killer whales stranded on remote Australian beach

Rescue crews trying to save the majority of the large dolphins that survived the ordeal, according to authorities.
Wed Feb 19 2025
Trump restricts AP access over Gulf of Mexico issue

Trump restricts AP access over Gulf of Mexico issue

The AP, citing editorial standards, says it would continue to use the gulf's established name.
Wed Feb 19 2025
China to fly back 200 nationals rescued from Myanmar scam centres, Thai official says

China to fly back 200 nationals rescued from Myanmar scam centres, Thai official says

This is part of a multinational effort to crack down on illegal online operations run from the region.
Wed Feb 19 2025
Somber Tiger Woods back in action in TGL loss to New York GC

Somber Tiger Woods back in action in TGL loss to New York GC

Tiger Woods makes his first start since the death of his mother when he competed in a TGL match at Palm Beach Gardens.
Wed Feb 19 2025
Brazil's ex-President Bolsonaro charged in alleged coup plot

Brazil's ex-President Bolsonaro charged in alleged coup plot

A total of 34 people were charged, including several military officials.
Wed Feb 19 2025
Trump and Musk target tax enforcers, rocket scientists, bank regulators for job cuts

Trump and Musk target tax enforcers, rocket scientists, bank regulators for job cuts

Concerns grow over transparency, oversight, and Musk's influence on government operations.
Wed Feb 19 2025
Police confirm drug intoxication caused death of three at New Year's Eve concert

Police confirm drug intoxication caused death of three at New Year's Eve concert

According to police, another victim remains in hospital in stable condition but requires close monitoring.
Wed Feb 19 2025