Gabungan AQRS Bhd said Datuk Kamisah Johan, 44, is a self-made entrepreneur and has more than a decade of experience in the property development sector.
The related-party transaction comes after last month's aborted RM1.11 billion deal between the two groups
Seven Covid-19 related deaths were also reported — four in Selangor, two in Sabah and one in Johor, said Dr Noor Hisham in a statement. The victims were aged between 46 and 86.
The proposed acquisitions will be funded by internally-generated funds and bank borrowings, it said.
"We have survived with the pent-up demand; more vaccines being rolled out and with Covid-19 cases coming down, I think [consumers'] confidence will come back," Cheah said during a media briefing on the economic recovery.
Speaking at the media briefing in Putrajaya today, Wee highlighted the ECRL project will not affect the Gombak Quartz Ridge.
The three-member bench led by Chief Judge of Malaya Tan Sri Azahar Mohamed unanimously upheld the ruling made by the Court of Appeal on June 23, 2020, as well as the decision made by Kuala Lumpur High Court judge Justice Collin Lawrence Sequerah on Nov 8, 2019 on this application.
Hong Leong Investment Bank (HLIB) Research said in a note today that the development of MRT 3 would serve as an upside catalyst for the sector, but it reckoned that uncertainties regarding the timeline as well as hurdles on various fronts (political, funding, etc) remain key concerns.
Court of Appeal Judge Datuk Abdul Karim Abdul Jalil said Najib’s defence team, led by Tan Sri Muhammad Shafee Abdullah, had to make a proper written application before the court to adjourn the hearing of Najib's appeal in 1Malaysia Development Bhd (1MDB) former subsidiary SRC’s case.
An announcement is expected to be made today, according to sources, although it remains unclear when these changes will take effect.
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