News by theedgemarkets.com

Judicial Commissioner Quay Chew Soon ruled that businessman Deepak Jaikishan had failed to show there was a prima facie case. Balasubramaniam was also known as PI Bala.

According to the ninth prosecution witness in the 1MDB-Tanore trial, former 1MDB CEO Datuk Shahrol Azral Ibrahim Halmi, Hazem's curriculum vitae (CV) was handed to him by fugitive businessman Low Taek Jho (Jho Low), who claimed that his appointment was recommended by Najib's principal private secretary, the late Datuk Azlin Alias.

Though 68.9% of businesses see a gloomy outlook for the second half of the year, the drop in pessimism to 24.5% for 2021 reflects hope among the business community for next year.

Located inside the retail space of 8 Conlay, in the heart of Kuala Lumpur, Platter will be the first experience-driven dining hall in Malaysia upon its completion in 2021, said KSK Land.

One of her lawyers, Azrul Zulkifli Stork told High Court Judge Mohamed Zaini Mazlan that he was not feeling well after experiencing a fall in his home yesterday.

The stapled security, which is composed of KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), also posted a 23.88% decline in revenue to RM267.25 million, from RM351.09 million last year.

No new death was reported today, marking a fifth day with no mortality.

Saidi Abang Samsudin told the court that he had initially settled for making a 10% contribution, but Datin Seri Rosmah Mansor, through her aide Datuk Rizal Mansor, insisted on increasing the percentage to 15%.

Testifying on the witness stand at the 1MDB-Tanore trial, its former chief executive officer Datuk Shahrol Azral Ibrahim Halmi said the amount was raised by its subsidiary 1MDB Global Investments Ltd, a special purpose vehicle (SPV) set up to raise funds.

The money was to be used as seed capital for the development of the Tun Razak Exchange (TRX) project along Jalan Tun Razak.

“We have seen the PN (Perikatan Nasional) government taking action to reach a settlement with various parties, including Goldman Sachs and Riza Aziz. These settlements have raised many questions and concerns that Malaysia’s rights to the 1MDB-related assets have been jeopardised.”