News by TheEdgemarkets.com

The probe is part of the larger DoJ investigation into Jho Low, over his part in the 1MDB global corruption scandal.

The development bank will provide financing at a financing rate subsidy of 2% to companies that demonstrate continuous contribution to the 17 sustainable development goals under the UNDP.

Mohd Anuar said Phase 1 of the Sabah portion is divided into 35 work packages, involving a total length of 706km.

RON97 up 3 sen per litre to RM2.46

"The application was dismissed by KL High Court last Friday (March 1). Najib subsequently filed an appeal application in Court of Appeal on the same day and asking for a stay."

"On balance, the baseline forecast is for the Malaysian economy to remain on a steady growth path. However, materialisation of downside risks from unresolved trade tensions, heightened uncertainties in the global and domestic environment, and prolonged weakness in the commodity-related sectors could further weigh on growth," the central bank said in a statement.

"Based on calculations using the automated pricing mechanism (APM) formula, the retail price of RON95 and diesel for the period of March 2 to March 8 was supposed to be RM2.13 per litre and RM2.38 per litre respectively."

Ongoing projects are still at an early stage of construction.

The RM5.12 billion sales it achieved last year exceeded its initial target of RM5 billion. 

Revenue for FY18 was also lower at RM2.2 billion against RM2.92 billion in FY17.