Court allows Dr M's bid to strike out tycoon's Renong suit

Former prime minister Dr Mahathir Mohamad and two others have succeeded in their bid to strike out the suit by tycoon Halim Saad.

This is over losses he allegedly suffered following the government’s acquisition of Renong Berhad and United Engineers Malaysia Berhad (UEM) shares in 2001.

According to the New Straits Times, High Court judicial commissioner...