Covid-19: Malaysia reports 1,302 new cases
Sarawak’s number of new cases rose to 426 to become the state with the highest daily figure of fresh infections.
Malaysia’s new Covid-19 cases drop to 1,199; two deaths reported
Meanwhile, the number of persons reported to have recovered from Covid-19 stood at 1,257, which brought the total number of recovered cases across the country to 325,182
1MDB lawyer Rosli Dahlan issues letters of demand to Lokman Noor Adam, two others
Rosli, who is represented by law firm Rosli Dahlan Saravana Partnership, had instructed the firm to demand, among others, that Lokman, Sallehuddin and Mohd Hanizam agree to pay RM10 million compensation each to Rosli.
Penang commercial property The Weld Heritage Square to be completed by year end
The Weld Heritage Square, which is being constructed within a 0.84ha (2.1 acre) land along Lebuhraya Merdeka off Pengkalan Weld, is jointly developed by Adat Makmur Sdn Bhd and Koperasi Gabungan Negeri Pulau Pinang.
Kimlun's 4Q profit plunges 71%, proposes one sen final dividend
Kimlun said its construction revenue fell 27.4% to RM188.47 million, from RM259.57 million a year earlier, due to the Movement Control Order period which halted the group's business operations.
Genting Singapore says chairman Lim Kok Thay took more than 50% pay cut in FY20, not big increment
The amount was more than a 50% reduction over the previous year, the casino operator stressed that Lim's salary did not double as the media reported earlier.
Sime Darby sells 10.89% E&O stake for RM93.5 million cash
Sime Darby said the disposal is in-line with its ongoing non-core asset rationalisation exercise
1MDB says it still has RM32.3b outstanding debt
In a statement today, 1MDB said two USD-denominated bonds with a value of US$3.5 billion (RM14.7 billion) with coupon rates of 5.75% and 5.99% per annum will mature in 2022, while another with a value of US$3 billion (RM12.6 billion) with a coupon rate of 4.4% per annum will mature in 2023.
Roger Ng, wife challenge bid to forfeit RM1.88m from their bank accounts, claiming the money is not related to 1MDB
Lawyer Datuk Tan Hock Chuan: What the prosecution is seeking is not from 1MDB's proceeds. They are making the application to forfeit following bonds issued by Goldman Sachs and basically on suspicion and no real hard evidence.
Prosecution says the RM31m it is seeking to forfeit, including RM10m from Najib and family, is from 1MDB
Deputy Public Prosecutor Saifuddin Hashim Musaimi, who leads the prosecution in the case, highlighted that billions of ringgit that have gone into the former premier's accounts are said to be from 1MDB. “These belong to 1MDB and it should not have ended up in a personal account, especially the former premier's AmBank 9694 account, where millions of US dollars went in.”
