Fast, factual wire coverage from across Malaysia and the region.
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Prime Minister Anwar Ibrahim has formally appealed to Indonesian President Prabowo to assist in recovering Felda's RM2.5 billion investment loss linked to PT Eagle High, signalling a diplomatic approach to resolving the financial dispute.
Prime Minister Anwar Ibrahim has written to Indonesian President Prabowo Subianto expressing serious concerns about Felda's RM2 billion Eagle High venture, warning the settler cooperative could face substantial losses.
Malaysia's Retirement Fund (KWAP) is attempting to recover RM163.4 million invested in aquaculture startup eFishery, which has faced serious fraud allegations. The pension manager confirmed the significant exposure after the company's collapse.