'Possibly' another extension in Battersea Phase 2 deal, says PNB
“We are still in the process of finalising the transaction — at the moment, we are nearly completing our due diligence exercise.”
“We are still in the process of finalising the transaction — at the moment, we are nearly completing our due diligence exercise.”
PNB's consolidated income and asset under management rose during the first eight months of 2018, from a year earlier.
CIMB Group chairman Nazir will relinquish all posts he holds in the group by Dec 31
The 16-part exercise, expected to take a year, will be managed by Port Klang Authority.
The Malaysian High Court has today allowed an application by 1MDB and the Malaysian government to expedite the sale of the yacht, believed to be acquired for US$250 million using money siphoned from the troubled state fund.
FMM wants government to give repayment details first.
The full agreed takeover price was LTAT’s full investment costs — ex-LTAT chairman.
“The government knows his whereabouts. Last time, he was in Macau. The government knows where he is.”
Daim “certainly hopes” that the government will make the report public.