Sime Darby Property said the group will continue to focus on the development of landed properties within the affordable range in its key townships in the City of Elmina, Bandar Bukit Raja and Serenia City and the integrated development at Ara Damansara and Subang Jaya City Centre.
The charges for money laundering were brought against Low and his father Tan Sri (Larry) Low Hock Peng “in absentia” by the Commercial Crime Investigation Department (CCID) of the police and the Attorney-General’s Chambers.
Low, popularly known as Jho Low, is a central figure in the global 1Malaysia Development Bhd (1MDB) probe.
"The abolition of GST and its enforcement system also provides room for tax dodgers and lower corporate tax declaration as what happened under the previous SST system.
"These are the real reasons why many promises in Harapan's manifesto cannot be fulfilled and why aid to the lower-income group will be slashed and there will be no pay rise for civil servants."
Following this, the government would keep the funds in a fixed deposit, the report added.
"I have the right to use the freedom of speech and the right to defend myself if any charges are made against me or the previous BN Government."
Finance Minister Lim Guan Eng said the federal government is in talks with AirAsia Group Bhd and Malaysia Airports Holdings Bhd on the proposed project.
Takeover bid launched by substantial shareholder Datuk Seri Tew Kim Thin has been deemed "not fair and not reasonable" by independent adviser Public Investment Bank.
Five stations will be scrapped, while the 2km tunnel will be reviewed.
In a note yesterday, the research house said the LRT 3 completion is delayed by four years to 2024.
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