Cabinet decided PLUS will not be sold — sources
"As such, the government's highway concession agreement with PLUS will be restructured with an aim to reduce toll rates for the benefit of the people," sources said.
Khazanah: Govt has been engaging with us over PLUS
In a statement today, Khazanah Nasional Bhd, which controls a 51% stake via UEM Group Bhd, said the government has been engaging PLUS's shareholders.
Slow recovery for property sector in 2020 — Affin Hwang Investment
In a property sector update today, the research house said it expects property demand to see a slow recovery in 2020 given the affordability issues and weak market sentiment.
Fire breaks out at Wegmans' factory in Johor, says it is minor
In a bourse filing yesterday, home furniture manufacturer Wegmans said the fire was put out in less than half an hour's time.
Arul Kanda's lawyer says no cross-examination until his client testifies
"This is to avoid a situation where our client may be put in a compromised position when he takes the witness stand," counsel Datuk N Sivananthan told the High Court today.
Witness: Najib stood to benefit from amendments in 1MDB audit report
Senior deputy public prosecutor (DPP) Datuk Seri Gopal Sri Ram posed questions to Saadatul Nafisah, the seventh prosecution witness in the 1MDB audit report tampering trial, following a replay of the recording of the Feb 24, 2016 meeting.
Shahril Ridza: PLUS sale needs to be done properly via Khazanah, EPF
“Any decision on sale from a governance point of view needs to be done properly through the current owners of PLUS, that is Khazanah and EPF. That part has not started.”
Lokman fails to set aside contempt proceedings
With this, the hearing for Lokman to answer the contempt charge on him for threatening 1MDB witness Datuk Amhari Efendi Nazaruddin and other potential witnesses has been fixed by High Court judge Collin Lawrence Sequerah on March 13 for committal proceedings.
Goldman Sachs case faces delay as issuance of summons hits snag
Justice Mohamed Zaini Mazlan fixed the date today as deputy public prosecutor Zaki Asyraf Zubir had requested for the delay, because the notice of summons against Goldman Sachs (Singapore) is still in the process of being served.
Chiau family triggers MGO of Chin Hin Group Property
In a filing with the stock exchange, the group said Divine Inventions Sdn Bhd — which is subsidiary of PP Chin Hin Realty Sdn Bhd, a vehicle owned by Chiau, his wife Datin Seri Wong Mee Leng and their son and executive director Chiau Haw Choon — had acquired five million CHGP shares (representing a 1.69% stake in the company) in the open market at 30 sen a piece.
