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US$1.4 bln in assets: Jho Low, father fail to set aside Mareva injunction

US$1.4 bln in assets: Jho Low, father fail to set aside Mareva injunction

Jho Low and his father have failed to set aside a court order preventing them from transferring or dissipating any of their assets in Malaysia.
Wed May 25 2022
1MDB obtains ad-interim injunction against Jho Low, father involving US$1.4 bln in assets

1MDB obtains ad-interim injunction against Jho Low, father involving US$1.4 bln in assets

1MDB and one of its subsidiaries obtained ad interim injunction from the High Court to prevent Jho Low from transferring or dissipating any of his assets in Malaysia amounting to US$1.03 billion.
Tue Mar 29 2022
Mareva injunction imposed against Jho Low and father involving USD 1.4 bln in assets

Mareva injunction imposed against Jho Low and father involving USD 1.4 bln in assets

1MDB and one of its subsidiaries have obtained a Mareva injunction to prevent wanted businessman Low Taek Jho from transferring or dissipating any of his assets in Malaysia amounting to USD1.03 bln.
Wed Mar 16 2022
Finance Ministry: Govt has no plans to sell any airport asset including Subang Airport

Finance Ministry: Govt has no plans to sell any airport asset including Subang Airport

The government has no plans to sell any airport assets in Malaysia including the Sultan Abdul Aziz Shah Airport (SAAS, Subang Airport) to any party, said the Ministry of Finance (MoF).
Fri Jun 25 2021
Generali in talks to buy AXA assets in Malaysia, sources say

Generali in talks to buy AXA assets in Malaysia, sources say

The Italian insurer, which is already present in Malaysia, will discuss the deal at a board meeting on Wednesday, the sources said.
Wed Apr 14 2021