News by THEEDGEMARKETS.COM

The 8,093 sq metre land will be used for a mixed development project. 

The announcement came after the JV partners revealed late last month that they had reached a settlement that puts an end to their dispute over PLUS' decision to launch its own toll collection system using the RFID, which stands for radio frequency identification.

Seacera said it will seek legal advice on the matter and announce any material development accordingly.

Shafee, who was speaking to reporters at the Kuala Lumpur Courts Complex here today, said he is confident that regardless of how the case is decided along the process, the matter will eventually reach the Federal Court.

Najib, upon hearing the judgement, was shocked by the decision as well, the lawyer said, as the former premier had also expected to be acquitted on all seven charges.

In a statement, Prasarana said the former chief judge of Malaya will be filling in the post vacated by Tan Sri Khalid Abu Bakar following the latter's resignation on Aug 17 last year.

Justice Sequerah ordered the trial to be continued on Wednesday.

"Remember I said I cannot say their names in open court because I want to take them by surprise? But trust me they are big names."

"The accused has enormous influence as prime minister (then) and (in) SRC as he has the power to dismiss the directors."

Justice Mohd Nazlan Mohd Ghazali in his decision found the prosecution has proven a prima facie case against the former premier.