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Abu Haniffah, who was also previously Datasonic’s chief executive officer, said he had met Ahmad Zahid several times in his dealing with the Ministry.

"... the board had meetings about the company's plans, but these plans were never executed."

In a statement, Lim said the Ministry of Finance (MoF) noted that cashflow is a "principal concern” for parties that have been economically affected by the outbreak.

The Food Purveyor, which operates the Village Grocer, Ben’s Independent Grocer (B.I.G) and Pasaraya OTK, is in the midst of curating a new concept that will cater to BSC’s affluent customers.

Deputy public prosecutor Harris Ong Mohd Jeffrey Ong told High Court judge Mohamed Zaini Mazlan today that Bank Negara Malaysia (BNM) had only informed them yesterday that the inspection can only be done on weekends and not weekdays.

Kenanga IB is of the opinion that the offer is "not fair", it is still "reasonable". The takeover will cost Ng a total of RM97 million.

In a statement, Azmin said the Government will ensure that the stimulus package, as well as development projects that have been approved for this year, will be implemented promptly.

Its quarterly revenue expanded 11.7% to RM155.8 million from RM139.5 million, according to a filing with Bursa Malaysia today.

During cross-examination by ad hoc prosecutor Datuk V Sithambaram, Anifah, 67, was questioned over why the Cabinet was not informed, given that the witness and former minister in the Prime Minister's Department Datuk Seri Jamil Khir Baharom — both being Cabinet members at the material time — knew about the funds.

The defendants, most of whom are former Minister of Women, Family and Community Development Tan Sri Shahrizat Abdul Jalil’s family members, are accused of misappropriating and wrongly using RM118 million out of the RM250 million loan granted.