TNB to cut non-household ICPT surcharge to two sen per kWh for Jan-June 2020
The utility giant said the 0.55 sen/kWh cut follows a reduction in actual coal costs for the July-December 2019 period.
Price of RON97 down 2 sen, RON95 and diesel unchanged for Dec 7-13
In a statement today, the finance ministry said based on calculations according to the Automatic Pricing Mechanism (APM), the retail prices of RON95 petrol and diesel for the same period should have been RM2.34 and RM2.30 per litre respectively.
Riza Aziz seeks representation to get charges against him dropped
The trial dates set from Jan 6 to Jan 9, and Jan 13 to Jan 16 by Rozina, will go on as planned.
Guan Eng: Government direct debt up RM94.1b at RM799.1b
Lim said the RM94.1 billion increase in direct debt had financed development expenditure, fiscal deficit and debt repayments, which include 1MDB borrowings.
Nexgram’s auditor raises concern over its ability to continue as going concern
Styl Associates has noted that the group had incurred a net loss of RM20.89 million for the financial year ended July 31, 2019, and had at that point of time not complied with the repayment terms of its bank borrowings.
Paragon Globe buys 31-acre land in Pulai for commercial development
The group said it is buying the land for RM60.96 million from a company owned by Kumpulan Prasarana Rakyat Johor Sdn Bhd, Khazanah Nasional Bhd and Employees Provident Fund Board (EPF).
LFE Corp wins RM34.5m contracts to provide electrical services
In its filing with Bursa Malaysia today LFE said the contract tenure spans 26 months from Sept 23, 2019 to Nov 22, 2021.
No evidence from MACC that Najib instructed 1MDB to give money to Umno: Lawyer
Datuk Hariharan Singh, the lawyer acting for Umno, also argued that the money claimed by the MACC has already been used up.
High Court to decide on summary judgment next year in KLVC master developer’s case against Felda and FIC
Judge Azimah Omar said she will give her decision next year after hearing submissions by developer Synergy Promenade Sdn Bhd and the defendant FIC, today.
Gamuda expects to sign Penang Transport Master Plan PDP agreement in ‘next few weeks’, says MD
“My guess (for the PDP agreement to be signed) is next few weeks,” he said.
