News by THEEDGEMARKETS.COM

High Court deputy registrar Mahyuddin Md Som today granted the prosecutors’ application which was filed on July 10 together with a certificate of urgency before the registrar, and allowed the application to be heard on Thursday morning before Justice Mohd Nazlan Mohd Ghazali.

He said he had gone through the hansard and found the words uttered by the Member of Parliament (MP) yesterday towards Kasthuriraani Patto (PH-Batu Kawan) were offensive, referring to the use of the words "too dark to see" and "to put on powder".

The plots measure about 2.68ha in total, Protasco said in a stock exchange filing yesterday. Its wholly-owned Sun Rock Development Sdn Bhd had inked a sale and purchase agreement with NSK Property for the sale.

This is to recover a sum in excess of US$340 million as of February 2019, believed to be in relation to 1Malaysia Development Bhd (1MDB). (Actual sum totalling US$340,258,246.87).

NSTP interim chief executive officer Mustapha Kamil Mohd Janor, when contacted, confirmed the relocation decision but was not sure if the tenancy agreement will be terminated prematurely. Mustapha, who is also Media Prima news and editorial executive director, said the move is part of the group's "rationalisation exercise".

This caused a commotion to break out among the MPs that lasted for about 17 minutes, with the opposition MPs chanting ‘Undi, undi, undi’ (vote, vote, vote) and booing even when Azhar was being sworn in as the new Speaker.

Alias, who is the 12th prosecution witness, said this in the High Court in Datin Seri Rosmah Mansor's graft trial, where he agreed with lawyer Datuk Akberdin Abdul Kader that officials of the ministry had alerted him to the allegations of cheating.

In a statement today, MATTA president Datuk Tan Kok Liang said the tourism industry urges the government to take proactive actions to intervene rather than leave the decision to the various private banks, which will make decisions based on their terms of industry risk assessment and aim of maximising shareholders wealth.

The motion of removing the speaker has been passed as a total of 111 MPs voted for the motion to remove Tan Sri Mohamad Ariff Md Yusof as the speaker, versus a total of 109 votes against the the motion.

Hong Leong's Malaysia property sector top picks are Sunway Bhd and Matrix Concepts Holdings Bhd.