In-depth reporting on Malaysia and the region.
GIIB Holdings has named founder Tai Boon Wee as non-executive chairman after receiving clearance from Malaysia's anti-corruption commission, marking his return to leadership at the investment holding company.
The Malaysian Anti-Corruption Commission has identified more than 1,600 companies as part of its sprawling investigation into the Daya Kerjaya fraud scandal, signalling the widening scope of one of the country's largest corruption cases.
Australia's ASX has agreed to pay A$20.5 million (US$14.5 million) and contribute A$3 million to regulatory costs after admitting to misleading investors about progress on its failed CHESS software upgrade project.