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The Weld Heritage Square, which is being constructed within a 0.84ha (2.1 acre) land along Lebuhraya Merdeka off Pengkalan Weld, is jointly developed by Adat Makmur Sdn Bhd and Koperasi Gabungan Negeri Pulau Pinang.

Kimlun said its construction revenue fell 27.4% to RM188.47 million, from RM259.57 million a year earlier, due to the Movement Control Order period which halted the group's business operations.

The amount was more than a 50% reduction over the previous year, the casino operator stressed that Lim's salary did not double as the media reported earlier.

Sime Darby said the disposal is in-line with its ongoing non-core asset rationalisation exercise

In a statement today, 1MDB said two USD-denominated bonds with a value of US$3.5 billion (RM14.7 billion) with coupon rates of 5.75% and 5.99% per annum will mature in 2022, while another with a value of US$3 billion (RM12.6 billion) with a coupon rate of 4.4% per annum will mature in 2023.

Lawyer Datuk Tan Hock Chuan: What the prosecution is seeking is not from 1MDB's proceeds. They are making the application to forfeit following bonds issued by Goldman Sachs and basically on suspicion and no real hard evidence.

Deputy Public Prosecutor Saifuddin Hashim Musaimi, who leads the prosecution in the case, highlighted that billions of ringgit that have gone into the former premier's accounts are said to be from 1MDB. “These belong to 1MDB and it should not have ended up in a personal account, especially the former premier's AmBank 9694 account, where millions of US dollars went in.”

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The plots, measuring 223 acres, are owned by Astacanggih Sdn Bhd, which is a subsidiary of Bakti Wira Development Sdn Bhd, which in turn is a unit of Boustead, he said in his affidativit filed at the Court of Appeal.

MRL chairman Tan Sri Mohd Zuki Ali expressed his concern and disappointment that Selangor is adamant on defending its stand for the rail network to traverse via a southern route across Negeri Sembilan and Putrajaya — as opposed to the northern route via Gombak and Serendah, as announced by the Minister of Transport recently.