News by THEEDGEMARKETS.COM

Moving forward, Eco World Development said the future revenue attributable to the group amounted to RM5.86 billion as at end-August, which would be translated to profit within the next three years.

Amhari, the eighth prosecution witness in the 1MDB-Tanore trial, however, denied the allegation.

"... now we have a very important disclosure about the circumstances under which the ECRL was hashed out ..."

In a filing with Bursa Malaysia, Seacera said SCSB received a legal summon on Sept 5, and that the date of the auction has yet to be fixed but will not be less than one month from the date of the court order.

This followed Tengku Adnan claiming that the judge, who had fined a businessman RM1.5 million for abetting him in receiving the money, will not give the former minister a fair trial.

"Market talk of termination of the PDP surfaced since the change in government in mid-2018. LBU had anticipated that it would not be terminated after having achieved a potential savings of RM2 billion and driving its contractors to meet their respective project progress timeline."

"Passengers are advised to check with the airline on the latest flight schedules. We urge everyone to remain calm and patient," MAHB said via Twitter today.

The new witness is former Terengganu Investment Authority and former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi who like Amhari would be a vital prosecution witness.

The MTN programme will have a tenure of 30 years from the date of first issuance, the group said in a filing with Bursa Malaysia.

Najib's lawyer Tan Sri Muhammad Shafee Abdullah, who cross-examined Amhari at the High Court today, accused Amhari of protecting Low, who is also known as Jho Low.