KUALA LUMPUR (May 22): Internal investigations will be held over any issue and scandal connected to the Malaysian Armed Forces (MAF) before action is taken against those involved, said the new Defence Minister Mohamad Sabu.
Mohamad said he needed to get the complete information of all MAF services before looking in detail at issues and scandals within the MAF, including the purchase of the Scorpene submarines as well as other issues which were raised by non-governmental organisations.
KUALA LUMPUR (May 22): The FBM KLCI shed 0.20% at mid-morning today as stocks in the oil and gas sector retreated.
At 10am, the FBM KLCI fell 3.70 points to 1,849.88.
Losers led gainers by 300 to 261, while 257 counters traded unchanged. Volume was 505.94 million shares valued at RM357.03 million.
The top losers included Hengyuan Refining Co Bhd, Petronas Dagangan Bhd, Petron Malaysia Refining & Marketing Bhd, Latitude Tree Holdings Bhd, Allianz Malaysia Bhd, Kuala Lumpur Kepong Bhd, Deleum Bhd, Tenaga Nasional Bhd and MISC Bhd.