News by theedgemarkets.com

"We are not on any preset course. We continue to monitor the external developments and how they may affect our outlook for growth and inflation.”

In a statement today, Bank Negara Malaysia (BNM) said this was primarily due to lower growth in the nation's key sectors and decline in mining and construction activities. Most domestic demand components and net exports also registered slower growth. On a quarter-on-quarter seasonally-adjusted basis, the economy grew 0.9%, the central bank said.

Solarvest's IPO for its Bursa Malaysia ACE Market listing involves a public issue of 98.83 million new shares at 35 sen each to raise RM34.59 million for the company.

"It seemed (Najib's) defence is pre-planning to postpone the defence in the other (SRC trial). I am suggesting as affirmed in paragraph 20 (Najib) is not telling the whole truth."

The group said the property is located within an area with mixed commercial and residential development and it is 15km from Kuala Lumpur.

The group's wholly-owned unit Econpile (M) Sdn Bhd was awarded the contract by WCT OUG Development Sdn Bhd, Econpile said in a filing to Bursa Malaysia.

"The group, he said, has no intention to exit its business there as the group still views Hong Kong as a mature, affluent market that serves as a gateway to the larger Chinese market ..."

"An application has been filed so that the court could consider for Najib's lawyers to prepare his defence in the SRC case," said sources on both sides on condition of anonymity.

The proposed development involves two blocks of serviced apartments, comprising a 36-storey Tower 1 and a 37-storey Tower 2, with a total of 902 units, and includes a common facilities podium and a six-storey car park in Puchong.

The Hong Kong-based English language news publication, citing law enforcement officials, reported that Indian police had monitored his movements while he was there on a three-day visit, but did not apprehend him.