News by Financial Daily

“Which means anyone can accuse you of not having adequate procedures. The onus is on you to prove you did have adequate procedures. But how adequate is adequate?”

Justice Datuk Ahmad Bache yesterday dismissed the striking out application by Lee & Man Paper Manufacturing Ltd and Grant Thornton Consulting Sdn Bhd.

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.

Millennials are defined as those who are between 22 and 37 years of age, while Gen Z are aged between four and 24. Here’s a look at some of the things in Budget 2020 that are crafted with them in mind.
 

According to Guan Eng, Khazanah Nasional Bhd, which controls a 51% stake in PLUS, submitted a proposal to sell PLUS to the government because the public investment arm is worried about the diminishing of assets by selling to private parties.

The collaboration is driven by the Malaysian government’s objective of having at least one WTE facility in each state.

In separate bourse filings yesterday, both parties said they had signed a memorandum of understanding for the formation of a strategic alliance in relation to the business.

Doing so may also lead to price increases and profiteering again on top of the government being accused of flip-flopping on its policies and causing the loss of business confidence.

CBP’s statement did not mention any other Malaysian glove maker other than WRP Asia, but the enforcement agency’s actions appear to have woken up the sector to a potential ban of companies falling foul of international labour standards.

“For LTAT to declare higher dividends, it requires a good return on its investments. Unreasonable investments by the previous leadership resulted in lower returns for the year.”