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The 1Malaysia Development Berhad scandal is an ongoing political scandal in Malaysia, in which then-Prime Minister Najib Razak was accused of channeling over RM 2.67 billion (approximately US$700 million) into his personal bank accounts from 1Malaysia Development Berhad (1MDB), a government-run strategic development company.
The operator of Kuala Lumpur International Airport, Malaysia Airports Holding Berhad, had spent about RM135 million (approx) to upgrade facilities at the KL International Airport (KLIA) in Sepang to accommodate the Airbus A380. KLIA is the only airport in Malaysia that accommodate the landing and take off of the A380.
The Malaysian Electronic Payment System ( MEPS) is an interbank network service provider in Malaysia. In August 2017, MEPS merged with Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) to form Payments Network Malaysia Sdn Bhd (PayNet) . With the result of the merger, PayNet is now the holding company for the PayNet Group which ...
e. The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [1]
As of 2023, it is a trustee company, wholly owned by the Government of Malaysia, under the purview of the Ministry of Finance (Malaysia). Established in 1921 as the Department of Public Trustee and Official Administrator, the company was corporatized in 1995.
Tenaga Nasional Berhad (lit. ' National Energy Limited ', abbreviated as TNB; TENA, MYX: 5347), also known as Tenaga Nasional or simply Tenaga, is the Malaysian multinational electricity company and is the only electric utility company in Peninsular Malaysia and also the largest publicly listed power company in Southeast Asia with MYR 182.60 billion worth of assets.
In 1966, following Singapore's separation from the federation, the airline's name was changed again, to Malaysia-Singapore Airlines (MSA). The next year had a rapid expansion in the airline's fleet and routes, including the purchase of MSA's first Boeing aircraft: the Boeing 707s , as well as completion of a new high-rise headquarters in Singapore.
Media Prima Berhad (doing business as Media Prima and stylized in lowercase title), also abbreviated as MPB, is a Malaysian media company based in Petaling Jaya, Selangor. It is the largest media and entertainment conglomerate in Malaysia with business interests in television, print, radio, out-of-home advertising, content creation and digital media.