News by TheEdgemarkets.com

In a Facebook posting yesterday, she alleged that the tax authority had labelled funds transferred from her husband's family, a home purchased using said funds where she is named joint owner, as well as 'wang hantaran' and gifts from family as friends as her income, following an audit that began last year.

However, it managed to post a net profit of RM148.03 million for the cumulative 14-month period.

Sime Darby declared a second interim dividend of 7 sen per share and a special dividend of 1 sen per share in respect of the financial year ended June 30, 2019 (FY19). The payment dates for the dividends fall on Oct 31.

President cum group chief executive, Datuk Abdul Rahman Ahmad, will leave upon the expiry of his three-year contract by the end of next month. He assumed the post on Oct 1, 2016.

In Singapore, Selangor Dredging's ongoing development One Draycott will be aimed at customers from Hong Kong and Mainland China. One Draycott is located in District 10, Singapore.

Riza's lawyer Syazwani Mohd Zawawi said the application to transfer the case was filed at the High Court last Aug 16 on the grounds that the trial would affect his constitutional right, the case involves complex issues and that it would take a long time if the case goes on trial at the Sessions Court where Riza is charged.

They are suing DutaLand Bhd CEO Tan Sri Yap Yong Seong and developer KL Landmark Sdn Bhd for alleged failure to establish a JMB within 12 months of delivery of vacant possession, the misuse of maintenance funds, and other misconduct.

Its quarterly revenue also jumped 12.91% to RM344.33 million from RM304.96 million a year ago.

“This poverty rate is derived from internationally-accepted standards based on the Canberra Group Handbook on Household Income Statistics, Second Edition (2011), which is published by the United Nations.”