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The partners had initially agreed to jointly undertake the development of The City of Dreams 2 on a plot of land in Penang.

Ministry of Health (MoH) director-general Datuk Dr Noor Hisham Abdullah said the lone case involved a Malaysian who had returned from Turkey, which meant that no local transmissions were recorded today.

Shahrol: It was not something I wanted to read. The authors actually contacted me to ask what I thought about it and asked for some comments.

Article 117 under 1MDB's memorandum and articles of association (M&A) stated that matters such as the appointment of directors, the senior management team as well as matters relating to financial commitments would require then prime minister and finance minister Datuk Seri Najib Razak's approval.

Responding to questions from Najib's lawyer Tan Sri Muhammad Shafee Abdullah, Shahrol said he should not be charged and that he never made a deal with the prosecution and the MACC to testify against Najib.

In a bourse filing, the group said that its 60%-owned subsidiary SRS Consortium Sdn Bhd entered into a master agreement today with the Penang government over its appointment as the PDP for the infrastructure project.

MCT said the issues that plagued the property market such as market overhang, price unaffordability and lack of financing are expected to persist.

Headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose sharply to 51.0 in June, its highest since September 2018.

Moving forward, the group said it believes that there will still be demand for properties in prime locations with attractive pricing.