Suit against MIED hits a snag

PUTRAJAYA: The Federal Court will determine whether the leave granted by the Kuala Lumpur High Court to former MIC Youth chief A. Vigneswaran to use Maju Institute of Educational Development (MIED)’s name to initiate legal action against its chairman Datuk Seri S. Samy Vellu, seven trustees and its aud...

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Audit firm loses bid to strike out MIED suit

KUALA LUMPUR: An audit firm Monday failed in its bid to strike out Maju Institute of Educational Development's (MIED) RM100mil suit against the firm, MIED chairman Datuk Seri S. Samy Vellu and seven MIED trustees over alleged mismanagement which it claimed caused the institute to incur financial losses. ...

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TNB agrees to buy power from Bell Eco

SUBANG JAYA: Tenaga Nasional Bhd (TNB) has signed an agreement to purchase 1.7MW of electricity worth RM3.1mil a year from Bell Eco Power Sdn Bhd over a 21-year period. Under the renewable energy power purchase agreement (REPPA), Bell Eco will build a palm oil mill effluent waste plant costing RM11mil...

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