News by theedgemarkets.com

“With his vast knowledge and experience, this appointment is timely to spearhead the transformation of KTMB."

The applicant had merely shown that the monies were credited into seven bank accounts. 

“We are conducting technical rehearsals for employees and selected guests.”

Justice Datuk Yaacob Md Sam, who led the bench, said the appellate court found no error in the High Court judgement in dismissing the application.

"We have fixed the root cause which allowed this to happen."

"The prosecution has successfully proven a prima facie case against all the accused."

Tropicana also disclosed that disclosing that PAHSB’s RM334.54 million entitlement in the venture is based on preliminary studies of the surrounding property market value, standard planning guidelines from the local authorities, and discussion with the proprietor.

The contract is for the construction and completion of 66 units of double-storey terrace houses, one security guardhouse, one Tenaga Nasional Bhd (TNB) sub-station, one entrance gateway, one Phase 1 notice board, and infrastructure works on part of the land held under Lot 653, in Kluang district, Johor.

... to allow more time for shareholders to accept its offer. 

It said RM13 million will be for property development projects, RM24.03 million for working capital with the remaining RM1.15 million for the estimated expenses for the proposed private placement.