news

SRC trial: Defence claims prosecution departed from CBT charges

In his submission today, lawyer Harvinderjit Singh claimed the prosecution had been pivoting its case since the start of the trial, and that its latest pivot was that fugitive businessman Low Taek Jho (Jho Low), Najib's former private secretary Datuk Azlin Alias and former SRC managing director and CEO Nik Faisal Ariff Kamil, were tasked with putting money into the former premier's account.

READ MORE
news

MUI clarifies Metrojaya Bhd continues operating as usual

"The company (MUI) wishes to advise that Metrojaya Bhd continues to operate its retailing business as usual through various subsidiaries including its Metrojaya department stores under MJ Department Stores and its East India Company specialty store under EIC Clothing. These are separate entities from MDS and EIC.”

READ MORE
news

Hap Seng 1Q net profit grows marginally, declares 10 sen dividend

Under the property division, Hap Seng expects the property market sentiment to soften further as cautiousness in consumers’ spending is anticipated to heighten, amid the Covid-19 outbreak and the uncertainties of its aftermath. Nevertheless, the division is cautiously optimistic of the affordable residential property market due to the accommodative monetary environment.

READ MORE