“The government is very keen to see how long-term investors like Khazanah can do their part to help spur investments in the sectors, bring about new industries and new entrants to come in, and maybe even partner with the private sector to do this,” said Khazanah managing director Datuk Shahril Ridza Ridzuan
Advancecon said its wholly-owned unit Advancecon Infra Sdn Bhd (AISB) has accepted the Letter of Acceptance from China Communications Construction (ECRL) Sdn Bhd for the appointment.
“These investments are expected to create 114,673 new jobs in various sectors of the economy once implemented.”
The short negotiation period came as a surprise, given such a sizeable settlement, which is equivalent to just below 30% of AmBank's market capitalisation of RM9.52 billion.
With more recoveries than new positive cases today, total active cases continued to decline to 25,542.
The legal team had filed a certificate of urgency for the injunction application be heard quickly.
“Good ventilation is another step that can reduce the number of virus particles in the air."
This follows High Court judge Datuk Muhammad Jamil Hussin today dismissing the MACC's forfeiture application.
The contract was awarded by Wenan Steel, which is building an iron and steel production complex there.
According to Star Media’s statement to Bursa Malaysia today, Fu, 72, had been a board member in Star Media for the last seven years prior to his resignation
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