News by Ahmad Naqib Idris

The facility was granted by Affin Hwang Investment Bank Bhd, Affin Bank Bhd, Bank Pembangunan Malaysia Bhd and Malaysia Debt Ventures Bhd.

In a filing with the bourse, KIP REIT had acquired AEON Mall Kinta City, which resulted in an unrealised fair value gain of RM13.2 million that was partially offset by expenses incidental to the acquisition of RM3.5 million.

According to the NTP, the government intends to align the planning of urban centres and public transport networks across the NTP 2019, National Urbanisation Policy and the National Housing Policy, and ensure development guidelines integrates land use and public transportation.

In his supporting affidavit, Ng said a public announcement of any adverse decision would gravely affect his reputation as a professional auditor, as well as the audit firm’s reputation.

Some of the initiatives are just extensions of existing programmes, such as Bank Simpanan Nasional’s Youth Housing Scheme, which has been running since 2005, said Datuk Soam Heng Choon.

Lim has previously said, in Parliament, that the government will fund its takeover of the four highways via bond issuances.

Merge Energy executive chairman Datuk Mohamad Haslah Mohamad Amin said the group is now on better financial footing, as the new shareholders of the group have successfully cleaned up the company's operations over the past six months. #myedgeprop

Lawyer Tan Sri Muhammad Shafee Abdullah yesterday showed Shahrol — the prosecution’s 9th witness — two secondary subscription agreements dated May 18, 2009, between AmBank and Aktis and Country Group, wherein the two companies committed to RM700 million and RM3.8 billion of the bonds respectively.

Asked if Low and Lee shared a close relationship, the witness said they seemed like "they knew each other" from his own limited observation.

“We would have raised enough funds to cover the debts that were incurred. We could have gotten our RM1.37 billion security deposit back and used that money to expand the energy business.”