News by theedgemarkets.com

The AG showed pages from the court document which showed that Najib's counsels had been allowed to submit on the issue of the withdrawal of the Section 418 certificate.

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.

"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."

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

The valuations are still ongoing, in light of the hotel’s strategic location as one of the main tourist spots and hotel zones in the centre of Kuala Lumpur.

WCT Holdings said the novation agreements entail the transfer of all rights, interest, benefits, obligations, duties and liabilities of Prasarana to MRCB George Kent, subject to the terms and conditions as stipulated in the agreements. 

The contract is to undertake basement and sub-structure works for the proposed Pavilion Damansara Heights (PDH) Parcel 2 mixed development at Jalan Damanlela, Kuala Lumpur. 

The contract period is for 27 months, starting from Feb 18, 2019.

Johari: The board of 1MDB will look at the proposals and we will leave them to it.