News by theedgemarkets.com

"There is no family relationship between Mr Low or any of his family members with the above mentioned Goh Gaik Kim," said Low's statement.

It stressed that the cement industry is highly capital intensive and hence needs to have a reasonable return on its investments in order to be able to meet the expectations of all its stakeholders.

Harvinderjit today told Justice Mohd Nazlan that after the review, his team decided to resume the cross-examination with Ismee.

Lokman was arrested after he refused to hand over his handphone to police who went to his house to investigate the gay sex video clips allegedly involving Azmin.

Defence counsel Harvinderjit combed through details of SRC’s board meeting minutes and dived deep into certain specific wordings in order to show SRC’s board and its management acted independently from Najib.

Donaco said in filings to the bourse there that the company's former chief operating officer Gerald Tan has also left the business.

Khalid also defended his position as chairman of YWP as a mandatory requirement, as stipulated in YWP's Memorandum and Articles of Association.

For that to happen, MBSB still has to convert its conventional assets worth about RM1 billion to Islamic assets, which make up about 10% to 12% of its asset portfolio.

"We have only come to the stage of getting the data. No real decision has been made [on the mechanism]," Dr Mahathir said. 

"We see businesses find it difficult to obtain approval to invest and contribute to the growth of the economy," said Dr Mahathir.