Singapore-based DBS Bank is facing a lawsuit seeking approximately S$1.298 billion (US$1.03 billion) in damages in connection with the multibillion-dollar 1Malaysia Development Bhd (1MDB) financial scandal. DBS Group, Southeast Asia’s

Parkson Holdings Bhd, through its 54.97%-owned subsidiary Parkson Retail Group Ltd (PRGL), has renewed the lease for its retail premises in Nanchang, China, under an agreement valued at approximately 185

Bursa Malaysia Securities Bhd has issued a public reprimand against Techna-X Bhd for failing to comply with the Main Market Listing Requirements following delays in submitting its annual report and

Malayan Banking Bhd (Maybank) has received approval from Bank Negara Malaysia (BNM) to acquire the remaining 30.95% stake in Maybank Ageas Holdings Bhd, the holding company of Etiqa’s insurance and

Private equity firm Navis Capital Partners has completed the sale of The Food Purveyor Sdn Bhd, the company behind Malaysia’s Village Grocer supermarket chain, to Thai retail group CP Axtra

TRC Synergy Bhd has secured a RM149.98 million subcontract from Gamuda Engineering Sdn Bhd for underground infrastructure works at a hyperscale data centre project. In a filing with Bursa Malaysia