Praveen Menon
Stories by Praveen Menon
US set to seize assets tied to scandal-hit Malaysian fund 1MDB
The asset seizures would be the US government’s first action tied to the 1MDB investigation. But it was unknown what assets will be seized.
Malaysia’s Maybank reshuffles senior management, appoints new group CFO
Maybank said current group CFO Mohamad Rafique Merican will take over as group head for Islamic banking and chief executive of Maybank Islamic, the Is
Malaysia says $1.5b sukuk bond issue oversubscribed
The deal attracted orders of over $6.3 billion from a combined investor base of over 195 accounts, the statement said. Asian accounts took two-thirds
Top banks in US government cross-hairs over dealings with 1MDB
U.S. Department of Justice officials have asked Deutsche Bank AG and JPMorgan Chase & Co to provide details on their dealings with 1MDB, as global inv
Malaysia’s Axiata issues $500m sukuk for Ncell acquisition
Proceeds from the sukuk would be used for the proposed acquisition of Nepalese phone carrier Ncell Pvt. Ltd