News by theedgemarkets.com

"There is no family relationship between Mr Low or any of his family members with the above mentioned Goh Gaik Kim," said Low's statement.

It stressed that the cement industry is highly capital intensive and hence needs to have a reasonable return on its investments in order to be able to meet the expectations of all its stakeholders.

UEM Sunrise said the existing residential resort development will be revised from 680 acres to 228 acres, a size the company said will be much more “manageable”.

Harvinderjit today told Justice Mohd Nazlan that after the review, his team decided to resume the cross-examination with Ismee.

Finance Ministry said the price reduction follows the price action of processed petroleum products (refined products) in the world market, which has shown a downward trend following the decrease in average Brent crude oil prices week-on-week.

Lokman was arrested after he refused to hand over his handphone to police who went to his house to investigate the gay sex video clips allegedly involving Azmin.

"To decide what is individually considered as affordable means making a choice involving a trade-off between three elements: price, floor area and location."

The claim against NFC and the Salleh family, amounting to RM253.62 million, represents the sum owed to the government, together with interest of 2% per annum and default interest on RM224.77 million.

Ismee added that neither he nor the board was told about Nik Faisal’s meeting with KWAP, and he has no knowledge of SRC asking Nik Faisal to liaise with KWAP over the potential initial first loan.

"Shahrol Azral did not inform us [the SRC board] of the earlier account," said Ismee, who is the former SRC chairman.