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YTL Hospitality REIT 2Q20 NPI up 2.4%, declares 1.92 sen DPU

The weaker hotel segment was caused by the weakening of the Australian dollar against the ringgit, the REIT said, noting revenue and net property income from its Australian properties had improved due to continuous improvement in room sales subsequent to the completion of refurbishment of Brisbane Mariott, as well as operational efficiency and cost savings.

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Businessman refutes claims that payments to Zahid were bribes

Azlan Shah Jeffril, 49, whose company Profound Radiance Sdn Bhd was appointed by the ministry to run and manage one-stop centres (OSCs) for foreign visa applicants in a few countries, testified that a sum of RM2 million he had given to Zahid personally was for charity work and political donation.

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