Tropicana subscribes to two firms that own land in Gohtong Jaya
In a bourse filing yesterday, Tropicana said it has entered into agreements with Cenang Laris and VTS to subscribe 297 shares and 9,900 shares for RM297 and RM9,900 respectively.
GuocoLand drops further into the red in 2Q
It posted a widened loss of RM14.85 million in 2QFY20, compared with RM12.65 million in the previous corresponding quarter. Revenue was also 18.3% lower at RM90.19 million, from RM110.42 million previously.
Taliworks clarifies Selangor water receivables was sold at RM660m
Taliworks added that RM626.1 million of the total sale consideration has been paid by Starbright to its wholly-owned unit Sungai Harmoni Sdn Bhd, from the proceeds of the asset-backed medium term notes the SPV had previously issued to purchase the receivables.
Niche Capital seeks to diversify into construction, property businesses
It is also proposing recurrent related party transactions to be entered into by Niche and its subsidiaries and associates with related parties pursuant to the proposed diversification.
Puncak Niaga files judicial review over RM5.27m demand from Customs
In a filing with Bursa Malaysia yesterday, Puncak Niaga said the application is not expected to have any material operational or financial impact on the company.
Najib ordered appointment of SRC directors, transfer of RM1.8b even before 1MDB’s board approval secured
A directors’ circular resolution (DCR) from 1MDB’s board dated Oct 11, 2011 that bore the signatures of 1MDB directors Tan Sri Lodin Wok Kamaruddin, Tan Sri Ismee Ismail, Datuk Shahrol Azral Ibrahim Halmi, Tan Sri Ong Gim Huat and Ashvin Jethanand Valiram was attached with a special rights redeemable preference shareholder’s resolution in writing dated Sept 15, 2011 that bore Najib’s signature.
Najib unsure of his own signatures in SRC documents
He maintained that there is a need for a writing expert to verify the authenticity of the documents and the signatures.
AmBank and former banker have until Jan 31 to file defence against Najib's suit
Former PM Datuk Seri Najib Razak last week filed a suit against the bank and the banker over the management of accounts under his name used to divert funds from SRC International Sdn Bhd.
Najib: SRC should have brought money back to Malaysia, not me
He said this in reply to Thomas' retort during the cross-examination, as the latter accused Najib of doing nothing when the funds were revealed to be transferred overseas.
Najib 'didn't know' where SRC funds went
Najib said the movement of the money was an operational matter, and that as the Finance Minister and advisor emeritus of SRC, he was only concerned with policy matters.
