News by theedgemarkets.com

In a bourse filing, SCIB said the group inked a conditional share sale agreement with three individuals — Noorazylawati Abdul Bakar, Mohd Khairil Mohd Hatta and Ibrahim Mohd Noor — to acquire Kencana Precast Concrete Sdn Bhd (KPCSB). It will settle the purchase via a combination of internal funds and/or bank borrowings.

Ad hoc prosecutor Datuk V Sithambaram said Najib was evasive when asked about his plans to bring back RM3.6 billion that had been frozen by the Swiss authorities in 2013, during his cross-examination.

"This is in line with our future plans to expand our business of property development in Melaka through acquisition of landbank for future projects that meet the demand of the residential property market in Melaka," the group said in a statement.

The second highest was 1,854 reported on April 9. This is also the 16th straight day that new Covid-19 cases stay above the 1,000 mark.

In a statement, Spritzer said SIRIM's laboratory recently conducted tests on samples taken from a 600ml Spritzer Natural Mineral Water bottle produced on Jan 21. It noted that the tests did not detect any synthetic polymers or microplastics, even when examined under 50 times magnification.

Prosecutor Datuk V Sithambaram said the fact that Najib chaired the Cabinet meetings showed that he was indeed personally involved in the decisions to grant the GGs for KWAP’s loan to 1Malaysia Development Bhd's (1MDB) former subsidiary SRC.

Dhaya Maju-LTAT named the government and the Transport Minister as defendants in the judicial review application, where it is seeking permission to have the merits of the case heard in full.

BLand said Tan's deemed interest were trimmed to 4.15 billion shares or 84.35%, after Berjaya Sompo Insurance Bhd sold 2.08 million shares in BLand through the open market, while another 10.8 million shares were disposed of by Berjaya Hills Resort Bhd via a direct deal.

Lendlease: A heavy storm started at approximately 6pm and it has been established that the crane jib had come down during this storm event. No one was injured during this incident

Lawyer Farhan Read, who is part of Najib’s defence team, said the court had to take into consideration that Ahmad Husni, who testified for the prosecution, is an interested witness who may want to see the former prime minister implicated.