News by theedgemarkets.com

Save for its property and utilities business segments, YTL Corp recorded positive growth in profit before tax (PBT) in all its business divisions during the quarter.

Revenue fell 11% to RM47.26 million from RM52.98 million previously.

The group posted a net loss of RM14.55 million for the second quarter ended June 30, 2019 compared to a net profit of RM10.33 million a year ago.

Bush will take over the role that will be left vacant by Deplanck once the latter leaves on Aug 30 to pursue new opportunities.

Najib's then-special officer Datuk Wan Ahmad Shihab Wan Ismail was appointed to the company's board on May 22, 2012.

Rafidah said Najib signed a letter in his capacity as finance minister saying that TIA's sole shareholder, the MoF Inc, has passed a resolution for TIA's name to be changed to 1MDB.

The two projects are also known as Duta-Ulu Kelang Expressway (DUKE) Phase-3.

The construction group’s revenue for the quarter declined 33% to RM450.11 million from RM669.9 million in the previous year.

Seacera Ceramics Sdn Bhd was yesterday served with a notice of default by Ambank Islamic Bhd for RM12.91 million, arising from facilities granted to the company.

Rosli testified that while Morais did not participate in the investigation of SRC, he is not sure whether the slain civil servant was involved in the graft-buster's 1MDB probe.