News by theedgemarkets.com

Najib told the court he had next to no knowledge of the funds in his account when issuing cheques amounting to millions of ringgit.

“The police have recorded statements from several members of the judiciary and we have not resumed our internal probe [after that], owing to the outcome of the police investigations.”

“The proposed disposal will enable Guocoland group to realise its investment in the property and to focus on its core business of property development.”

The portal, according to MDEC in a statement yesterday, will enable China consumers to obtain information of the products and services offered by any Malaysian city, besides provide shared experiences, recommendations and useful tips with each other.

Clothing manufacturer K&Z's lawyer Chew Chang Min told the theedgemarkets.com today that High Court Judge Datuk Muhammad Jamil Hussin ruled that K&Z had no reason to believe the money originated from unlawful activity.

The new facility was opened three days prior to the new year.

The adjoining freehold plots measuring 4.31ha in total is currently being leased by the brothers' private company — Kerjaya Property Sdn Bhd (KPP) — to Kerjaya Prospek's wholly-owned Kerjaya Prospek (M) Sdn Bhd (KPM), as a lorry car park and storage area.

In a filing with Bursa Malaysia yesterday, Puncak Niaga said the application is not expected to have any material operational or financial impact on the company.

Kiak Seng, who is 70, has been redesignated as executive deputy chairman instead, Tambun Indah announced in a stock exchange filing today. Kiak Seng controls 40.25% stake in Tambun Indah, of which 7.31% is held directly.

Today, Najib's lawyer Datuk Mohd Hafarizam Harun told High Court Judge Datuk Rozana Ali Yusoff that Najib filed the stay of proceedings letter dated Dec 24.