Mercer and Monash University Business School said Malaysia's index is on par with advanced economies like the United States and Hong Kong, adding that a relationship was found between level of pension assets and household debt.
Najib’s lead counsel Tan Sri Muhammad Shafee Abdullah has previously indicated that the cross-examination of former 1MDB chief Datuk Shahrol Azral Ibrahim Halmi will take up the whole of this week.
The group said the 16-month contract will be focused on the mixed development, which is composed of a 42-storey commercial block that sits on top of an 11-storey podium block and a basement car park.
In a bourse filing, MMAG said its wholly-owned unit Line Clear Express and Logistics Sdn Bhd will re-develop the land as part of plans to set up a regional hub and warehouse in Penang.
LDP’s counsels led by lawyer and former Sessions Court judge Datuk Jagjit Singh, told the court that the parties have agreed to settlement due to the representation sent.
This means Musa is left with 30 charges of bribery amounting to about US$50.26 million.
"The ratings (on MEX II Sdn Bhd) have been on negative outlook, mainly due to rising completion risk," MARC said.
This follows the dismissal of a preliminary objection by DPP Fatnin Yusof against the hearing of Rosmah’s application, made on the technical ground that the applicant did not submit an affidavit to appear as a third party in the forfeiture suit.
This is because the purchaser, Bukit Selesa Developmemnt Sdn Bhd, has yet to obtain approval from the relevant authority in regards to the development order
The facility was granted by Affin Hwang Investment Bank Bhd, Affin Bank Bhd, Bank Pembangunan Malaysia Bhd and Malaysia Debt Ventures Bhd.
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