News by THEEDGEMARKETS.COM

In a filing with the stock exchange, the group said Divine Inventions Sdn Bhd — which is subsidiary of PP Chin Hin Realty Sdn Bhd, a vehicle owned by Chiau, his wife Datin Seri Wong Mee Leng and their son and executive director Chiau Haw Choon — had acquired five million CHGP shares (representing a 1.69% stake in the company) in the open market at 30 sen a piece.

In a filing yesterday, Amverton said it received an unconditional voluntary take over offer from Hong Leong Investment Bank Bhd on behalf of Ng’s holding company Dalta Industries Sdn Bhd, to acquire the remaining 80.83 million shares representing a 22.14% stake, for a total cash consideration of RM97 million.

IGP: The most recent effort is to confirm assets belonging to Jho Low and his family, there are a few new assets that we have uncovered to which we are taking steps to confiscate.

IGP: Yes, Puan Latheefa Koya will be asked to give a statement. A few questions need to be answered. All angles will be reviewed.

Saadatul Nafisah Bashir Ahmad, the seventh prosecution witness in Najib and former 1MDB chief executive officer Arul Kanda Kandasamy's 1MDB audit tampering trial, testified that this was a direct instruction from the then Chief Secretary to the government Tan Sri Ali Hamsa on Najib's behalf.

This contract win represents almost half of Kerjaya Prospek's RM1.3 billion new job wins in 2019.

Senior deputy public prosecutor Datuk Seri Gopal Sri Ram asked the witness about Ambrin's demeanour after the meeting.

The plaintiffs said on July 24, 2008, they were forced to take up a Bank Rakyat loan worth RM198.9 million as a proxy on behalf of Najib and Rosmah, with their master title for 80 condominium units named 'Palazzio Tower B' as collateral to ensure due repayment.

The recordings painted a clearer picture on how the then-prime minister interfered with Malaysian authorities to avoid prosecution, and sought help from the United Arab Emirates to help his stepson Riza Aziz who had been named in a US Department of Justice civil suit. 

In a bourse filing yesterday, Tropicana said it has entered into agreements with Cenang Laris and VTS to subscribe 297 shares and 9,900 shares for RM297 and RM9,900 respectively.