News by theedgemarkets.com

This is despite the trust having completed developments and acquisitions worth over RM600 million over the past two years, bringing its total assets managed to more than RM3 billion.

According to China Communications Construction (ECRL) Sdn Bhd’s (CCC-ECRL) authority and community liaison manager for ECRL section six, Satnam Singh Ajit Singh, the construction works will pick up at section six, which covers the most parts in Pahang.

The utility giant said the 0.55 sen/kWh cut follows a reduction in actual coal costs for the July-December 2019 period.

In a statement today, the finance ministry said based on calculations according to the Automatic Pricing Mechanism (APM), the retail prices of RON95 petrol and diesel for the same period should have been RM2.34 and RM2.30 per litre respectively.

The trial dates set from Jan 6 to Jan 9, and Jan 13 to Jan 16 by Rozina, will go on as planned.  

Lim said the RM94.1 billion increase in direct debt had financed development expenditure, fiscal deficit and debt repayments, which include 1MDB borrowings.

Styl Associates has noted that the group had incurred a net loss of RM20.89 million for the financial year ended July 31, 2019, and had at that point of time not complied with the repayment terms of its bank borrowings.

The group said it is buying the land for RM60.96 million from a company owned by Kumpulan Prasarana Rakyat Johor Sdn Bhd, Khazanah Nasional Bhd and Employees Provident Fund Board (EPF).

In its filing with Bursa Malaysia today LFE said the contract tenure spans 26 months from Sept 23, 2019 to Nov 22, 2021.

Datuk Hariharan Singh, the lawyer acting for Umno, also argued that the money claimed by the MACC has already been used up.