Daily Archives: 2019-04-07

Hyflux’s auditor KPMG under scrutiny by ACRA

The media has reported that the Accounting and Corporate Regulatory Authority (Acra) is currently keeping a close watch as investors are asking why Hyflux’s auditor KPMG failed to flag risks of Hyflux earlier. For many years, Hyflux’s auditor KPMG had given Hyflux a clean bill of health, attesting to Hyflux’s ability to continue to operate. With the company now facing …

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Singapore says it has received no communication or information from Malaysia related to development of a ship-to-ship transfer hub in the Straits of Johor

The Government of Singapore stated that it has not received any communication or information from Malaysia related to the development of a ship-to-ship transfer hub in the Straits of Johor by KA Petra Sdn Bhd and Hutchison Port Holdings Ltd. “We are seeking more information from Malaysia on the project, including its precise location, as well as any potential implications …

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Nurul Izzah returns to public accounts committee after Mahathir agrees to appoint new chief from opposition

Malaysia’s Member of Parliament of Permatang Pauh, Nurul Izzah Anwar, has rejoined the Public Accounts Committee (PAC) after resigning the bipartisan panel in protest two weeks ago over the appointment its chief. Beluran MP Ronald Kiandee from opposition party UMNO was appointed as Chairman of the PAC by the Pakatan Harapan (PH) government. Appointing an opposition MP as PAC chief …

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