News by THEEDGEMARKETS.COM

As such, WCT said it will continue to pursue its legal rights in respect of the final award — which was issued by the Arbitral Tribunal in 2015 when it initiated arbitration proceedings against Meydan in 2009 over the cancellation of the RM4.6 billion race course project in Dubai — including the enforcement of the same.

Deloitte PLT partner Mark Evelyn Thomson and two former auditors of the firm have launched a legal challenge against the Malaysian Institute of Accountants (MIA) over its probe into their roles in the 1MDB audit for 2013 and 2014.

The group said BK Alliance Sdn Bhd, its indirect 51%-owned unit, is buying the land from Suez Domain Sdn Bhd.  

The company announced that its wholly-owned subsidiary Greatech Integration (M) Sdn Bhd (GIM) had entered into the sales and purchase agreement with the state’s development agency for the acquisition of the land, which is located in Batu Kawan Industrial Park. The purchase will be funded through internally generated funds.

Four Covid-19-related deaths were reported today

“The Andaman’s operation, for safety reasons and ascertainment for reinstatement of the fire damage, will be ceased for the time being."

The bank still has a GDP growth estimate of 6.7% this year for Malaysia, versus the estimated 5.4% contraction in 2020.

Ahmad Bache said Saidi should be allowed to defend himself in a full trial, having raised triable issues in the case. 

Former Federal Court judge Datuk Seri Gopal Sri Ram said statements outside Parliament on the withdrawal of support for the Perikatan Nasional (PN) government led by Prime Minister Tan Sri Muhyiddin Yassin, meanwhile, may constitute an attempt to undermine the present government beyond constitutional means. 

The report said casino operator Landing International Development Ltd had asked police to look for the female employee from Malaysia who had been in charge of the cash but hadn’t returned to work after leaving for a vacation at the end of December.