Recognising the best in property development
S P Setia Bhd clinches the top spot in the TPDA for the fourth consecutive year
S P Setia Bhd clinches the top spot in the TPDA for the fourth consecutive year
"Only three of us have this picture. I hope it doesn't go into the internet for Halloween purposes," Shafee told Justice Sequerah.
"This amount is almost three times higher than the figure quoted in Tan Sri Halim Saad's statement," Azman said.
Malaysia is the first country in the world to prosecute Goldman Sachs as a company, filing charges in December last year against Goldman Sachs (Asia) LLC, Goldman Sachs International (UK) and Goldman Sachs (Singapore), and is seeking US$2.7 billion in fines.
It was reported that the DoJ, however, highlighted that the agreement does not release any entity or individual from filed or potential criminal charges.
This represents the largest recovery to date under the Department’s Kleptocracy Asset Recovery Initiative and the largest civil forfeiture ever concluded by the Justice Department.
The court has fixed case management on Nov 21.
The order was made by Justice Lim Chong Fong on an application made by Mega Sasa's lawyers T. Gunaseelan and Arun Kasi.
Accordingly, the property developer’s loss per share increased to 1.49 sen from 0.18 sen in the previous year.
Also, foreigners are not allowed to buy residential landed properties, unless the property is issued with a landed strata title as in gated communities.