RM2b loan from KWAP would not have been approved without Najib, says judge
The High Court judge said the accused, Datuk Seri Najib Razak, wielded considerable power, and the insertion of Article 117 gave him control of SRC.
GDB targets RM1b turnover in five years
This is the third construction job GDB has secured this year, bringing its year-to-date contract wins to RM865 million, a record high for the company, surpassing all its previous annual tallies.
Zecon's auditor casts going concern doubts
Nonetheless, Crowe Horwath also highlighted that Zecon is taking measures to mitigate the existence of material uncertainty ongoing concern and its obligations falling due within the next 12 months.
External auditors confirm existence of doubt on Seacera’s ability to continue as a going concern
“These conditions, along with other matters as set forth in Note 2(a), indicate the existence of a material uncertainty that may cast significant doubt on the Group’s and the Company’s ability to continue as a going concern."
Chin Hin sells properties to major shareholders
In a statement with Bursa Malaysia today, Chin Hin said its subsidiaries are selling real estate assets to companies owned by Chin Hin major shareholders Datuk Seri Chiau Beng Teik, Chiau Haw Choon and Datin Seri Wong Mee Leng.
Five ex-FGV directors have counterclaim dismissed, ordered to file defence
The decision was made by High Court Justice Datuk Azimah Omar in chambers today, where it was related to lawyers representing FGV and the five directors.
Sime Darby Property, S P Setia, Alliance Bank to be dropped from MSCI Global Standard's Malaysia index
MSCI said changes in constituents for the MSCI Global Standard Indexes will take place as of the close of Nov 26, 2019.
Lebuhraya Borneo Utara denies Pan Borneo Highway payment delayed
“Two of the 10 WPCs have already received payment; the balance WPCs will be paid as soon as LBU receives payment from the Government,” said LBU.
Shahrol: KPMG and Deloitte did not raise any issues on PSI's credibility
Shahrol testified that 1MDB had in 2011 engaged the services of KPMG and Deloitte to mitigate risks to its investment in the Murabaha deal with PSI.
Sentoria plans RM49.5m land sale in Langkawi resort project to rope in strategic investor
Its 75%-owned unit Sentoria Langkawi Sdn Bhd is planning to sell the 35-acre leasehold plot for RM49.5 million to I Strada Sdn Bhd. Sentoria Langkawi has accepted a Letter of Intent (LoI) for the proposed disposal yesterday.
