News by theedgemarkets.com

On Nov 24, 2017, the Sessions Court here convicted Thai and former remisier Tiong Kiong Choon of insider trading offences, according to the SC’s statement then.

Chief Statistician of Malaysia Datuk Seri Dr Mohd Uzir Mahidin: The sharp decline in GDP for this quarter was due to the three phases of the MCO and CMCO (Conditional Movement Control Order) implemented to curb the spread of Covid-19 in Malaysia. The capacity constraints due to the restriction imposed during the lockdown had affected growth in the services, manufacturing and construction sectors.

Last December, it was reported that Meeriam, 60, filed a suit at the High Court there to declare that she has been in a quasi-spousal union with the former works minister and engaged in an ala-matrimonial relationship since Aug 23, 1981.

Justice Mohamed Zaini Mazlan ruled that Najib had failed to show how the charge against him is oppressive.

Terengganu Ecocycle Park will be developed in four phases across approximately 500 acres of land located at Kawasan Lembah Perasing, Mukim Hulu Jabor, Daerah Kemaman, Terengganu Darul Iman.

With four more Covid-19 patients having recovered from the outbreak, active cases in the country climbed for the fourth consecutive day to 183, from 166 on Monday

Datuk Wong Rhen Yen, counsel for creditor Mastijaya Sdn Bhd, told the court that since Jepak is based in Bintulu, the issue of whether this matter should be heard in the High Court of Malaya or the High Court of Sabah and Sarawak has to be determined first.

Aspen’s Malaysian unit Aspen Vision All Sdn Bhd (AVA), together with CMY Capital and Iskandar Basha Abdul Kadir, will develop the new business which will be undertaken by Aspen Glove Sdn Bhd (AGSB), said the real estate developer.

During cross-examination today, defence counsel Datuk N Sivananthan, who is representing 1MDB's former president Arul Kanda Kandasamy, asserted that although there were suggestions and requests to drop certain parts of the audit report, the ultimate decision on removing and/or tampering with the report was still the onus of Ambrin.

However, Ambrin defended that since the order came from the government, he felt the pressure to comply with the requests.

"From the ministry's point of view on the proposal to impose such tax, there is no need for now but such a proposal would be reviewed and may be studied [further]."