"Based on calculations using the automated pricing mechanism (APM) formula, the retail price of RON95 and diesel for the period of March 2 to March 8 was supposed to be RM2.13 per litre and RM2.38 per litre respectively."
Ongoing projects are still at an early stage of construction.
The RM5.12 billion sales it achieved last year exceeded its initial target of RM5 billion.
Revenue for FY18 was also lower at RM2.2 billion against RM2.92 billion in FY17.
The valuations are still ongoing, in light of the hotel’s strategic location as one of the main tourist spots and hotel zones in the centre of Kuala Lumpur.
WCT Holdings said the novation agreements entail the transfer of all rights, interest, benefits, obligations, duties and liabilities of Prasarana to MRCB George Kent, subject to the terms and conditions as stipulated in the agreements.
The contract is to undertake basement and sub-structure works for the proposed Pavilion Damansara Heights (PDH) Parcel 2 mixed development at Jalan Damanlela, Kuala Lumpur.
The contract period is for 27 months, starting from Feb 18, 2019.
Ng is seeking the US lawyer's help to assist him with the affidavit reply.
Ong said approved manufacturing FDI from Chinese companies will likely top the FDI table for the third year in a row.
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