News by Syahirah Syed Jaafar

That was the first time an office was set up for the wife of a prime minister, the High Court learned today.

Najib said as former Umno president in that time frame leading up to the 13th General Election in 2013, which his coalition Barisan Nasional won by a simple majority, he wanted a source of income that would make him independent of corporate donors, so that he would not "have any IOU with anyone".

The items include 11,991 units of jewellery, 401 watches and 16 watch accessories, 234 pairs of eyewear and 306 handbags, as well as cash in various denominations amounting to RM114.16 million.

In separate filings this evening, Heng Huat said Ooi has been redesignated as its non-executive director with immediate effect, while ATTA said it will suspend Ooi from his post as executive chairman and his executive roles in the subsidiaries.

They were charged under Section 39B of the Dangerous Drugs Act 1952 and face the death penalty or a life sentence if convicted.

Azmir is reportedly understood to be in talks to take the top job at Sime Darby Property Bhd.

Revenue in the quarter ended Dec 31, 2019 (4QFY19) fell marginally by 0.38% to RM364.96 million, from RM366.35 million previously.

The rate changes will take effect from next Thursday (Jan 30), the bank said in a statement yesterday.

The group announced a distribution per unit of 1.76 sen for the quarter, which represents a 95% income distribution rate.

In a filing yesterday, Amverton said it received an unconditional voluntary take over offer from Hong Leong Investment Bank Bhd on behalf of Ng’s holding company Dalta Industries Sdn Bhd, to acquire the remaining 80.83 million shares representing a 22.14% stake, for a total cash consideration of RM97 million.