MMC-Gamuda can still bid for MRT2 underground works
Guan Eng: Reduction in cost to RM7.3b is still ‘inadequate’
Guan Eng: Reduction in cost to RM7.3b is still ‘inadequate’
The government will introduce new taxes and sell assets to pare down debts
S P Setia and SimeProp each holds 40% in BPH. The remainder 20% in BPH is owned by EPF.
The postponement is partly related to a request by Najib's defense led by Tan Sri Mohd Shafee Abdullah for the prosecution to prepare the pre-trial documents in hard copy format as proposed earlier.
Najib arrived for his case management over 32 graft-related charges today at 8.40am, 12 minutes after the arrival of his wife Datin Seri Rosmah Mansor for separate charges of 17 counts relating to money laundering.
While it is unclear as to how much was Sealink’s investment cost to acquire the land, the group said in a filing with Bursa Malaysia that the expected gain from the sale to CMS is about RM19 million, based on the net book value as per audited accounts for the year ended Dec 31, 2017.
Group posts 2Q net loss of RM126.06m but whopping debts, high gearing will be the past in FY20.
The extension — from its Sept 30 deadline — will “possibly” occur as the parties involved are still ironing out the terms involved, said PNB president and chief executive officer Datuk Abdul Rahman Ahmad.
Zeti says immediate focus is to ‘consolidate what has been done’
“We are still in the process of finalising the transaction — at the moment, we are nearly completing our due diligence exercise.”