News by Arjuna Chandran Shankar

Its director for electrical and mechanical system works for MRT2, Abdul Hamid Abdillah, added however that the group prefers to stick to the construction programme as the project also involves processes such as testing, trial run and proper commissioning.

They note that when the Scorpene corruption scandal first hit the public domain, “the full picture of the scandal remained sketchy as all material information regarding the procurement of the submarines was classified as national secret”.

S P Setia will pay RM2.61 million in additional taxes imposed on its wholly-owned subsidiary Bandar Setia Alam Sdn Bhd, instead of the RM75.4 million initially assessed.

In a statement to Bursa Malaysia today, MCT's subsidiary One City said it had nothing to do with the altercation that morning at the temple.

"This is an important policy shift, and while we acknowledge that it was dropped off from the Pakatan Harapan manifesto, we reiterate that this fundamental right has nothing to do with race nor religion."

Shahril said he would “cherish every moment I had with MRT Corp, especially highlights such as the opening for the MRT Sungai Buloh-Kajang Line, Malaysia’s first MRT line, and the commencement work of the MRT Sungai Buloh-Serdang –Putrajaya line”.

Genting Malaysia chairman and chief executive officer (CEO) Tan Sri Lim Kok Thay said the theme park "remains very much part of our plans", and despite the park's earlier projected opening in January, plans are "all in place".

The contract was for the construction of 112 units of 14-storey apartments and eight units of three-storey terrace houses in Butterworth.

In a filing yesterday, PRG said it will subscribe for 265 million new shares in Capital World for S$9.28 million, and another 44 million option shares at S$1.00 per share.

"The group has started its 'build then sell' projects which are being funded by cash flows from asset sales that were already locked in.”