News by theedgemarkets.com

The Vietnam EPC construction work contributed revenue of RM255.8 million, compared with RM93 million achieved in the corresponding quarter last year.

According to the amended charge sheet, Rosmah, who is the wife of former prime minister Datuk Seri Najib Razak, was alleged to have received RM5 million from Saidi Abang Samsudin, 59, the managing director of Jepak Holdings Sdn Bhd through her former aide Datuk Rizal Mansor.

"This one-off special dividend from Petronas has started to be paid to the government in stages, and the repayment of tax refunds to the taxpayers has commenced since January," Lim said. 

Revenue fell 5.8% to RM41.72 million from RM44.29 million last year, despite lower property operating expenses and trust expense, its filing to Bursa Malaysia showed today.  

The group said it was selling the 2.4ha leasehold plot to Sumber Setiamas Sdn Bhd for a gain of RM4.6 million. 

"In the past decade, the nation's economy has transformed radically and this resulted in us not being able to become a developed nation as underlined under Vision 2020. The economic model in the past decade only focused on adding more national debt for mega projects," Dr Mahathir said.

“One issue that requires the government's attention is affordable housing.”

Amirah, the 34th prosecution witness, insisted that she had willingly said in her statement that the two RM2 billion loans to SRC was amongst the largest she had seen during her tenure in KWAP. "I wanted to put this," she said, before Harvinderjit ended his cross-examination.

Che Khalib said the proposal provides an alternative for reducing the project cost, which is at RM45 billion under the original plan. However, he is tight-lipped about the cost reduction, adding the proposal is a completely different solution.

Sales secured during the quarter contributed to the group's 1QFY19 revenue, which rose 32% to RM864.91 million compared to RM655.5 million in 1QFY18.