MMC accepts MoF’s offer to take over SMART
Projek SMART Holdings is a 50:50 joint venture between MMC Corp and Gamuda Bhd.
Projek SMART Holdings is a 50:50 joint venture between MMC Corp and Gamuda Bhd.
This was after Najib failed to respond to an initial inquiry by the IRB of additional tax assessments of RM1.47 billion in March this year, resulting in a 10% hike of RM147 million in April and another compounded 5% hike of RM80 million in May
The Link Road will be a boon to the tourism industry in the rural areas along three Sarawakian cities: Miri, Limbang and Lawas, he said.
The ministry has instructed the Kedah state government to present the proposal for Kulim International Airport to the National Physical Planning Council (MPFN).
According to news reports, the land sales were conducted by DBKL during former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's tenure, for a value of around RM5.63 billion.
It was to cover interest, late payment penalty for RM4 billion KWAP loans.
"Possibly, now, the board member would have to resign or be removed," said Ismee.
Ismee stuck to his guns amid arguments by defence lawyer regarding discrepancies in SRC documents.
Ismee told the High Court here today that the board was unaware of several cash transfers that took place.
Ismee said he only got to know now that some of the personnel in SRC were close associates of the runaway businessman.