TNB sues IWCity for RM77m over damage to undersea cables
TNB is alleging that IWcity and TBCSB had encroached and trespassed on a part of TNB’s transmission main intake and the right-of way/easement of its undersea cable project in October 2013.
TNB is alleging that IWcity and TBCSB had encroached and trespassed on a part of TNB’s transmission main intake and the right-of way/easement of its undersea cable project in October 2013.
The acquisition, which comes with a profit after tax (PAT) guarantee of not less than RM20 million per year from financial year ending Dec 31, 2021 (FY21) to FY23, will be undertaken via the issuance of 60 million new shares at 50 sen apiece to Super Advantage Sdn Bhd, who is selling the stake in SSSB to TCS.
Two of these clusters are found in Sabah, namely the Avenue cluster in Penampang with 110 positive cases, and the Kejora cluster in Kota Kinabalu with nine cases. The three remaining clusters are: the Kasah cluster involving Kepoh in Kuala Lumpur with 19 cases, the Summer cluster in Timur Laut Penang with 11 cases, and the Mengketil cluster — which spans Kota Bharu, Machang and Tanah Merah in Kelantan, as well as Besut in Terengganu — with 24 cases.
While debating the Bill for Budget 2021, Wan Azizah also suggested that Prime Minister Tan Sri Muhyiddin Yassin, together with Cabinet ministers and their deputies, should all "lead by example" and take at least a 10% pay cut until the end of 2021.
Loke, who was debating in Dewan Rakyat on the bill for Budget 2021, again questioned the government’s motive for cancelling the contract with DM-LTAT as the government would have to fork out RM1 billion in settlements to the company, which already initiated a civil suit against them.
Klang Valley: Selangor with 271 cases, Kuala Lumpur with 245 cases and two cases in Putrajaya
PAC chairman Wong Kah Woh: Only after 2015 did DBKL improve the process of land sale and disposal by empowering the Privatization Committee with preparation of checklists that have more detailed procedures for which it gained ISO certification [in 2017].
"I don't have an accurate number because this thing happened over time ... but I believe the number's north of half a billion dollars. It's a huge number," said Jho Low in a taped conversation with the Malaysian government led by former premier Tun Dr Mahathir Mohamad that was central to the two-part Al Jazeera documentary titled Jho Low: Hunt for a Fugitive released today.
Company would seek clarification from relevant authorities on the implementation of the Covid-19-driven enhanced movement control order (EMCO) from today to Nov 30 at the group's specific foreign workers' dormitories in Meru, Klang, Selangor.
“All these ultimately were loans, directly or indirectly, but ultimately, I think the time has come — we want to assist in repatriating these assets back in return for cooperating and moving on with life without, you know, being prosecuted,” Jho Low was quoted as saying.