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Friday, October 18, 2019

Tag: bankrupt

Azalina: Over 14.6 million registered voters as of June 2017

Minister in the PM's Department Azalina Othman Said says about 3.8 million citizens who are eligible to vote, still have not registered as voters.

Shahrir: Felda far from bankrupt, assets exceed liabilities

Chairman says allegation Felda is selling its London property because it has no funds, is uncalled for.

Minister says hands tied over fate of 3,600 laid-off MAS workers

Richard Riot says as MAS has declared bankruptcy, the ministry cannot legally go after the company as it no longer exists.

Bankruptcy cases expected to be halved with change in law

Minister Azalina Othman Said says increasing minimum debt level to RM50,000 and removing liability against social guarantors among measures which will help those affected.

‘Lajim’s Parti Harapan presidency intact despite bankruptcy order’

Deputy president Maijol Mahap says annulment under Section 105 of Bankruptcy Act 1957, wipes out prior bankruptcy order, putting Lajim Ukin back as he was in party.

What has become of Malaysia’s politicians?

Too many politicians think only about mega investments, big feasibility studies and glamorous projects while the country dwindles to almost nothing.

294,000 Malaysians bankrupt, says insolvency dept chief

Most bankruptcy cases involve those aged 35 to 45, mainly due to failure to settle HP loans, credit card debt, personal loans and housing loans.

Ismail Sabri: Don’t believe news that Malaysia is bankrupt

Minister says country would have been incapable of registering GDP growth of 5.8% in the second quarter of 2017 if the social media claim was true.

Ting sues Sarawak minister, publisher over bankrupt claim

The Pujut assemblyman is reportedly seeking unspecified damages from Wong Soon Koh and Borneo Post Sdn Bhd, as well as a court restraint on the respondents from repeating the statement.

EC receives notice of vacant Nenggiri seat

The decision on whether there should be a by-election in the state constituency now depends on the Kelantan speaker.

Cut down expenses, spend on what matters during Ramadan

Trying to impress family members and others this Hari Raya will only lead to trouble, warn financial planners.

No apology, Wong tells ex-Pujut rep over letter of demand

BN-friendly UPP president Wong Soon Koh says Ting Tiong Choon must first prove he is not a bankrupt in Australia.

Sarawak DAP man to sue UPP president over bankrupt allegation

Dismissed Pujut assemblyman Ting Tiong Choon denies all allegations he was a bankrupt in Australia, will sue Wong Soon Koh.

DAP motion to withdraw bankruptcy allegation thrown out

Sarawak's Second Finance Minister Wong Soon Koh says Dr Ting Tiong Choon was still a bankrupt last year, pointing to search results as recent as last July.

DAP wants minister to apologise, withdraw claim sacked lawmaker a bankrupt

Opposition party files motion against Wong Soon Koh for allegedly misleading state assembly.

Bankruptcy checks made easy through MyDI phone app

The smartphone application will be available to the public from May 11.

Cuepacs: Over 49,000 civil servants risk bankruptcy

Many civil servants have applied for personal loans from financial institutions, with repayment amounts beyond their means, says Cuepacs president Azih Muda.

Use credit cards wisely, Cuepacs tells civil servants

They often max out their cards, says president Azih Muda.

Public varsities won’t go bust, says professors’ council

National Council of Professors' CEO says public universities will not have to completely fend for themselves when seeking their own funding.

Universiti Malaya denies it is going bankrupt

University says it has taken measures to ensure an income of RM300 million this year from postgraduate fees, rentals and investments.

Universiti Malaya can’t stay afloat with budget cuts, says ex-VC

Ghauth Jasmon says the university is already dipping into its reserves and will need to cut 2,000 jobs to survive.

Party to raise funds to help Lajim sue for defamation

The Parti Harapan Rakyat president has only received a notice of bankruptcy and has not been declared insolvent by the High Court, the party says.

A true heart of a Malaysian

Man loses RM44,500 deposit for an auctioned house as he does not have the heart to evict the family already staying there.

Debts no way to live

Survey shows millions of Malaysians in dire straits with poor financial management behaviour and little savings and mounting debts.

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