News by THEEDGEMARKETS.COM

In a press statement today, Lim said the government remains committed to repaying debt obligations inherited from the previous administration.

The wife of former premier Datuk Seri Najib Abdul Razak had sought the stay, pending the government's appeal on the appointment of an independent jeweller to identify the 44 pieces of jewellery sent to her but which she claims had been seized by the government.

Sri Ram said Lokman had made two separate statements via a video with the transcript before the court, which is a clear attempt to interfere in the due administration of justice at the prima facie stage in the 1Malaysia Development Bhd (1MDB) trial.

Mahathir told reporters at the Parliament lobby today that the offers to acquire PLUS so far do not reflect the future prospect of the highway.

Sessions Court judge Rozilah Salleh allowed bail at RM330,000 with one surety and that Nasharudin surrender his passport to court.

"We expect after further evaluation is done, presentation to Khazanah's board of directors will be done in November, and a decision will be made by end of this year, or early next year."

The application was filed last Friday (Oct 18), but no dates have been fixed by the High Court to hear the application. However, the court has fixed a mention date on Oct 31.

MACC said it has obtained the go-ahead from the attorney-general to charge Nasharudin, who was detained at the MACC headquarters in Putrajaya at 2pm yesterday for questioning. 

The group announced in an exchange filing today that its wholly-owned Trans Resources Corporation Sdn Bhd had on Oct 17, received the letter of acceptance to design, construct and complete Prasarana’s new headquarters building in Damansara, Selangor.

"However, the independent valuation was never done."