SunCon’s 1Q net profit falls 47% on MCO impact, but group optimistic on prospects
Revenue in the first quarter ended March 31, 2020 dropped 17% at RM365.83 million from RM440.04 million a year ago.
Revenue in the first quarter ended March 31, 2020 dropped 17% at RM365.83 million from RM440.04 million a year ago.
Of the 47 cases of local transmissions, 41 cases involved migrant workers with 34 linked to a new cluster at the Bukit Jalil immigration detention depot here, said health director-general Datuk Dr Noor Hisham Abdullah in his daily statement.
Shahrol was responding to Najib’s counsel Tan Sri Muhammad Shafee Abdullah’s suggestion that the events from 1MDB’s initial investment into the 1MDB-PSI joint venture up to the sale of the stake in PetroSaudi Oil Services Ltd (PSOSL) was a purposely planned and elaborate scam.
This follows the Federal Court three-member bench led by Court of Appeal president Datuk Rohana Yusuf upholding the Court of Appeal’s decision on the matter after it denied JMB Menara Rajawali and Denflow Sdn Bhd permission to appeal the decision.
Replying to defence lawyer Tan Sri Shafee Abdullah, Shahrol said he trusted Jho Low because he believed the financier had absolute access to then prime minister Datuk Seri Najib Abdul Razak.
Former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi had told the High court today what PITA stood for after he was asked by defence lawyer Tan Sri Shafee Abdullah.
Despite them agreeing on Tuesday (May 19) to build the monorail system costing over US$770 million (RM3.35 billion) which links the Miami mainland with Miami Beach, they said the current US$59 million yearly tab would sap money from other commuting routes awaiting transit projects.
Datuk Shaharudin Ali filed the revision application, with a certificate of urgency, at the High Court registry today.
On Mahathir’s behalf, lawyer Haniff Khatri Abdulla is also seeking to invalidate the position of current Bersatu Secretary-General Datuk Sri Hamzah Zainudin. He is also seeking an investigation into the wrongful dismissal of former Secretary-General Datuk Marzuki Yahya without consulting the chairman of the party, which he claims is still Mahathir.
"We did not do a background check on him (Ong) as he was appointed by Najib," the witness said in reply to Najib's lawyer Tan Sri Shafee Abdullah during cross-examination.