News by THEEDGEMARKETS.COM

In a media statement on Tuesday (Oct 1), the US Customs and Border Protection (CBP) said it had issued WRP a withhold release order (WRO).

"This exhibits confidence in Kerjaya's overall strength as an integrated construction player and not just confined to residential high-rise projects."

The Indonesian government said it is in the process of imposing criminal charges on 55 concessionaires and one individual involved in open burning in their concession area, totalling 10,076ha.

"Gamuda has agreed to invest (in) a 50% equity stake in Australian-based Martinus Rail to leverage the significant pipeline of construction projects in Australia. This allows both companies to further scale up their investments in Australia."

While the charges against Zahrah and Abdulazeez were read separately, Justice Azura, however, allowed the application by deputy public prosecutor (DPP) Allan Suman Pillai for a joint trial.

The company claimed that there were certain misrepresentation of facts in the public statements made by Shahrir.

The contract was awarded by Strength Square (M) Sdn Bhd on behalf of Seribu Baiduri Sdn Bhd, which is a subsidiary of LBS Bina Group Bhd — the major shareholder of MGB — making Seribu Baiduri a sister company.

The two will face their charges, linked to several graft probes, at the Kuala Lumpur Sessions Court here, according to the Malaysian Anti-Corruption Commission (MACC).

Shahrol, formerly the CEO and director of 1MDB, said he was not privy to the details related to Brazen Sky as it was managed by 1MDB general-counsel Jasmine Loo, CFO Azmi Tahir and deputy CFO Terence Geh, who were all appointed as directors of Brazen Sky.

During the ninth prosecution witness' examination-in-chief today, Shahrol said he had several meetings prior and subsequent to the PAC hearing in 2015.