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Bankruptcy Bill 1967: Member(s) in charge: Athi Nahappan, Senator: First reading: 28 August 1967: Second reading: 29 August 1967: Third reading: 29 August 1967: Amended by; Malaysia Currency (Ringgit) Act 1975 [Act 160] Bankruptcy (Amendment) Act 1976 [Act A364] Subordinate Courts (Amendment) Act 1987 [Act A671] Bankruptcy (Amendment) Act 1988 ...
t. 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]
e. 1Malaysia Development Berhad (1MDB; Malay: [ˈsatu maˈlajʃa dɛˈvɛlɔpmɛn (t) bərˈɦad]) is an insolvent [1] Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated). [2][3] In 2015, the company became the subject of a major international corruption scandal, with evidence pointing to money ...
MYAirline was a short-lived Malaysian low-cost airline founded in 2021. [5] It was headquartered in Subang Jaya, Selangor and primarily operated from KLIA2, the low-cost carrier terminal of Kuala Lumpur International Airport. [4] The airline began its maiden flight on 1 December 2022 to Kuching International Airport. [6]
Bankruptcy in the United Kingdom (in a strict legal sense) relates only to individuals (including sole proprietors) and partnerships. Companies and other corporations enter into differently named legal insolvency procedures: liquidation and administration (administration order and administrative receivership).
AirAsia was established as a full-service airline in 1993 and began operations on 18 November 1996. It was founded by a government-owned conglomerate, DRB-HICOM.On 5 September 2001, the heavily indebted airline was bought by former Time Warner (now known as Warner Bros. Discovery) executive Tony Fernandes and Kamarudin Meranun's [5] company Tune Air Sdn Bhd for the token sum of one ringgit ...
Former Malaysian Anti-Corruption Commission headquarters. The Malaysian Anti-Corruption Commission (MACC) is a government agency in Malaysia that investigates and prosecutes corruption in the public and private sectors. The MACC was modelled after top anti-corruption agencies, such as the Hong Kong's Independent Commission Against Corruption ...
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