News by THEEDGEMARKETS.COM

In seeking the adjournment, Zahid's lawyers said he had to attend a meeting today with Prime Minister Tan Sri Muhyiddin Yassin in Putrajaya, on the formation of the new Cabinet.

Armada was referring to the claims made by Zahid this morning that the graft and money laundering case being brought against him was a "political and selective prosecution".

On Jan 20, Mohd Nazifuddin applied for the stay on IRB's application to obtain a summary judgement against him for allegedly not paying the said amount in taxes.

It is expected to realise an estimated net gain on disposal of RM6.8 million for GuocoLand, which represents a consolidated earnings per share of one sen.

MBSB's writeback for impairment on loans, financing and advances and other financial assets is termed expected credit losses (ECL) in notes accompanying the group's financials. MBSB said revenue rose to RM784.14 million from RM680.37 million.

Earlier this morning, the lawyers of former deputy prime minister and Umno president Datuk Seri Dr Ahmad Zahid Hamidi had sought a postponement to his graft and money laundering trial as they said Zahid was scheduled to attend a meeting with Muhyiddin to discuss the new Cabinet line-up.

Galen Centre for Health and Social Policy: The new government must place the response and management of the ongoing coronavirus (COVID-19) outbreak as a matter of the highest priority to protect the health and safety of all Malaysians.

Last week, Najib's lawyer Tan Sri Muhammad Shafee Abdullah informed the court that Latheefa would be subpoenaed and asked to testify as a defence witness. 

Zahid's lawyers informed High Court judge Collin Lawrence Sequerah this morning and the judge said the trial will resume tomorrow.

To ensure the continued smooth daily operations at MEDAC, the ministry has designated Datin Dr Syahira Hamidon to be in charge of the entire ministry and the primary industries sector.