Some construction players bid below cost to survive — Gamuda
As such, Gamuda Bhd prefers to look overseas for more contracts and aims to derive half of its construction revenue and profit from international jobs over the next three years.
Paragon Globe buys 31-acre land in Pulai for commercial development
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).
LFE Corp wins RM34.5m contracts to provide electrical services
In its filing with Bursa Malaysia today LFE said the contract tenure spans 26 months from Sept 23, 2019 to Nov 22, 2021.
Gamuda expects to sign Penang Transport Master Plan PDP agreement in ‘next few weeks’, says MD
“My guess (for the PDP agreement to be signed) is next few weeks,” he said.
Najib: I did not micromanage MoF Inc companies
He was reading out his witness statement in the High Court yesterday, where he also refuted earlier testimonies saying that he would give directions to the board through SRC’s former chief executive officer and managing director Nik Faisal Ariff Kamil, who was the sole link between the two parties.
Najib narrates relationship with Jho Low
"I found that Jho Low was successful in collaborating with the Arabs and Khazanah Nasional Bhd in the Iskandar Development," said Najib.
Najib schools 'office boy' Husni, says his former deputy intent on tarnishing him
Najib said this when testifying on the witness stand in his SRC International Sdn Bhd trial to questions from his lawyer Wan Aizuddin Wan Mohammed.
Najib: Nik Faisal toyed with me and SRC board
"I never directed the board of directors on the same matter. I was not in any position to micro-manage any MoF Inc company, including SRC. Furthermore, SRC was not the only MoF Inc company that [was] involved in national interest at that time. There was no reason for me to direct the SRC board of director through Nik Faisal," he said.
Najib claims his signatures in SRC documents were forged, manipulated
The original copies of these documents were, however, not tendered as evidence before High Court judge Mohd Nazlan Mohd Ghazali.
Najib: My only interest in SRC is that it is in the national interest
“My only interest in the SRC is that it is in the national interest,” he told the High Court here today, as he took the witness stand to make a sworn statement after Justice Mohd Nazlan Mohd Ghazali ruled a prima facie case was established by the prosecution in the trial for alleged misappropriation of RM42 million in SRC.
