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Tag: Malaysia

Posted on October 22, 2020

Hong Kong Fines Goldman Unit $350 Million Over 1MDB

Hong Kong’s markets watchdog has fined Goldman Sachs (Asia) L.L.C. $350 million for its role in Malaysia’s 1MDB scandal. The Securities and Futures Commission said the Goldman Sachs unit had made …

( read original story …)



Posted on October 22, 2020

Goldman Fined $350 Million by Hong Kong Over 1MDB Scandal

Goldman Sachs Group Inc.’s Asian unit was fined $350 million by Hong Kong’s financial regulator over its role in Malaysia’s 1MDB investment-fund scandal.

( read original story …)



Posted on October 22, 2020

Goldman Fined $350 Million by Hong Kong Over 1MDB Scandal

Goldman Sachs Group Inc.’s Asian unit was fined $350 million by Hong Kong’s financial regulator over its role in Malaysia’s 1MDB investment-fund scandal.

( read original story …)



Posted on October 22, 2020

Dark Fiber Market in Malaysia | Impact of COVID-19 and Market Forecast | Technavio

The dark fiber market in Malaysia is set to grow by USD 95.16 million accelerating at a CAGR of over 11%, during the period spanning over 2020-2024. One of the key factors driving growth is the …

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Posted on October 22, 2020

Hong Kong fines Goldman Sachs Asia $350 million over 1MDB

Hong Kong’s markets watchdog on Thursday fined Goldman Sachs’s Asian business $350 million for its role in Malaysia’s 1MDB scandal, the largest single fine ever levied by the regu …

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Posted on October 22, 2020

Hong Kong fines Goldman Asia record $350m over 1MDB

Hong Kong’s securities regulator has fined Goldman Sachs’s Asia business a record $350m for serious deficiencies in risk compliance and money laundering controls in relation to Malaysia’s 1MDB. The …

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Posted on October 22, 2020

Goldman Sachs U.S. settlement over Malaysia 1MDB scandal to lift dark cloud

Goldman Sachs Group Inc this week will agree to pay more than $2 billion to settle U.S. charges over its role in Malaysia’s 1MDB corruption scandal, lifting a dark cloud that has hung over the bank …

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Posted on October 22, 2020

Report: Malaysia Airlines clarifies creditors’ notice for former entity’s liquidation, not current company

KUALA LUMPUR, Oct 22 — Malaysia Airlines Bhd (MAB) today clarified that an advertisement or notice to creditors was directed at the creditors of its former now-defunct entity Malaysian …

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Posted on October 22, 2020

Goldman set to plead guilty in Malaysia fraud

Goldman bankers were accused of helping Jho Low (pictured with actor Leonardo DiCaprio), a Malaysian financier, to funnel billions of dollars out of Malaysia’s 1MDB fund.

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Posted on October 22, 2020

Malaysia Bourse Expected To Extend Losing Streak

The Malaysia stock market has moved lower in consecutive trading days, sinking more than 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,490-point …

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