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1Malaysia Development Berhad. 1Malaysia Development Berhad ( 1MDB; Malay: [ˈsatu maˈlajʃa dɛˈvɛlɔpmɛn (t) bərˈɦad]) is an insolvent [ 1] Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated). [ 2][ 3] In 2015, the company became the subject of a major international corruption scandal, with ...
See the ISO 3166-3 standard for former country codes. British Virgin Islands – See Virgin Islands (British) . Burma – See Myanmar . Cape Verde – See Cabo Verde . Caribbean Netherlands – See Bonaire, Sint Eustatius and Saba . China, The Republic of – See Taiwan (Province of China) . Democratic People's Republic of Korea – See Korea ...
One result of Mahathir's 1993 "Malaysia Plan" was the creation of the Binariang Sdn. Bhd. company by Malaysian tycoon Ananda Krishnan, which was given the charter to develop Malaysia's first satellite communications system. In 1994, Binariang signed a contract with Hughes Space and Communications Company (now Boeing Satellite Systems) for two ...
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The Malaysian Electronic Payment System ( MEPS) is an interbank network service provider in Malaysia. In August 2017, MEPS merged with Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) to form Payments Network Malaysia Sdn Bhd (PayNet) . With the result of the merger, PayNet is now the holding company for the PayNet Group which ...
MRT Retail Sdn. Bhd., doing business as Kedai Rakyat 1Malaysia ( KR1M) (unofficial English title: 1Malaysia Grocery Stores) is a government-owned chain of convenience stores in Malaysia. It was established as part of the national campaign of 1Malaysia. Due to declining turnout rates and support from the public, it has closed all locations in 2017.
t. e. The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [ 1]
Payments Network Malaysia Sdn Bhd (PayNet) is the national payments network and shared central infrastructure for Malaysia’s financial markets. It was formed from the merger between the Malaysian Electronic Payment System (MEPS) and Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) on 1 August 2017. [ 1 ]