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KUALA LUMPUR: Bursa Malaysia extended gains at midday on Tuesday, tracking firmer regional markets as sentiment improved on continued buying in selected heavyweights, led by financial stocks.
KUALA LUMPUR: Bursa Malaysia rebounded in early Tuesday trade, on the heels of Wall Street's own bounce as investors held on to hope negotiations in the Middle East would yield progress towards a permanent resolution.
KUALA LUMPUR: Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.
CARGO freighter company MJets Air Sdn Bhd (MJets) plans to scale down its operations by 45% starting this month, calling the move a “prudent step to preserve resources and maintain operational stability”.
MMAG Holdings Bhd (KL:MMAG), which grabbed the headlines lately on news that its ...
Businessman Victor Chin Boon Long has asked the court to allow him to give testimony in a 2023 civil case via Zoom, saying he is currently overseas and fears for his safety if he returns to Malaysia.
Hong Seng Consolidated Bhd’s (KL:HONGSENG) wholly-owned subsidiary AIMAX Capital Sdn Bhd has entered into debt settlement agreements totalling RM63.61 million with four borrowers.
Victor Chin Boon Long
Investors who have been in the market long enough would probably remember businessman Victor Chin Boon Long as the controlling shareholder of Ingenuity Solutions Bhd, now known as MMAG Holdings Bhd (KL:MMAG)....
HISTORY
Datasonic Group Bhd was founded by Datuk Hanifah Noordin after leaving accounting firm Ernst & Young. Listed on Bursa Malaysia in 2012, it has supplied identity cards to the Home Ministry since 1999 and, from 2016, passports. In January ...
Businessman Victor Chin Boon Long, who has long denied being a “corporate mafia” himself, has filed a lawsuit against Bestinet Sdn Bhd founder Aminul Islam Abdul Nor, accusing him of being the “real corporate mafia”.
The fight for control of NexG Bhd (KL:NEXG) — the company which has a RM2.5 billion contract to supply passports, MyKads and other identification documents — has taken on a life of its own, with so many allegations and questions being raised on the supposed involvement of the authorities.
Businessman Victor Chin Boon Loong has made further allegations involving the suspected "corporate mafia", claiming an executive director of Heitech Padu Bhd (KL:HTPADU) was a key intermediary of the gang while issuing an ultimatum to an unknown member of Parliament (MP) to return his money after failing to resolve his problems, or face public exposure.
THE proxy fight to gain control of NexG Bhd (KL:NEXG) has revealed issues, such as conflict of interest and governance, in the company that holds the exclusive contracts to supply the Malaysian government’s passport booklets, national identity cards, MyTentera cards and foreign worker identificat...
Businessman Victor Chin Boon Long, who has distanced himself from the ‘corporate mafia’ scandal, is calling on the police chief to act on the boardroom tussle over NexG Holdings Bhd (KL:NEXG) — the sole supplier of Malaysian passport booklet and identity cards.
PETALING JAYA: Businessman Victor Chin Boon Long claims that ongoing investigations have resulted in widespread account freezes affecting individuals and businesses linked to him, including those with no direct involvement in the probe.
Victor Chin Boon Long, who is entangled in 'corporate mafia' investigations, alleged that several accounts associated with him previously frozen by authorities have been “unfrozen” amid possible involvement of “high-level interference”.
Businessman Victor Chin Boon Long, snagged in ‘corporate mafia’ investigations, issued a public apology to Transport Minister Anthony Loke Siew Fook and former police chief Tan Sri Razarudin Husain.
Chin said he apologised to Loke, expressing regret that photos of them at public events had been circulated and misused. He said he had met Loke at several events by MMAG Holdings Bhd (KL:MMAG) during his time as an executive director at the logistics firm.
KUALA LUMPUR (March 19): The Royal Malaysian Police has confirmed that businessman Victor Chin Boon Long, who is alleged to be involved in corporate manipulation linked to the Malaysian Anti-Corruption Commission (MACC), is currently abroad.