Vizione's JVco shortlisted to construct Papar dam in Sabah
“Upon successful completion of the project, it will have the capacity to supply 1,000 MLD (million litres per day) water supply and generation of 100 MW (megaWatt) electricity.”
1MDB-Tanore Trial day 23: Cross-examination approaches next phase of 1MDB-PSI fiasco
This phase would entail 1MDB’s spending of another US$830 million to subscribe to notes issued by PSI’s unit, of which US$500 million is now missing, according to the prosecution in the 1MDB-Tanore trial.
Can ministers live with RM1,200 a month? If not, minimum wage hike too little: Wong Chen
“So I urge the government to increase the minimum wage to RM1,500 a month next year.”
Isa Samad trial: Witness says FIC rejected hotel buy twice but Najib wanted firm to reconsider
"Isa told us that PM (Najib) wants FIC to reconsider the acquisition of the hotel. The board takes into consideration what Isa said and no questions were asked," said FIC ex-CEO Mohd Zaid Abdul Jalil.
1MDB director Casey Tang gave ‘okay’ to sign JV agreement with PSI impostor, says ex-1MDB CEO
The dupe JV agreement, inked on Sept 28, 2009, eventually resulted in 1MDB diverting US$700 million to Good Star Ltd, a company belonging to fugitive businessman Low Taek Jho, also known as Jho Low.
Empire Resorts’ minority shareholder sues Genting Malaysia and Kien Huat Realty for unfair privatisation deal
According to Times Herald-Record's website, minority shareholder David Mullen from New Jersey made the claim in a suit filed Tuesday in Supreme Court in Sullivan County.
1MDB audit report tampering: Prosecution to prepare over 40 witness statements
The prosecution team has 30 to 40 more witness statements to be submitted, alongside all related documents under section 51A of the Criminal Procedural Code (CPC) within two weeks before the trial date of Nov 18, Al-Saifi added.
1MDB only performed 'oral due diligence' on PSI prior to US$1b investment into JV: Witness
Shahrol also said 1MDB was given a mandate by Najib, through Jho Low, to undertake the JV, which was deemed as a G2G initiative that "needed to be done".
Lebanese jeweller's RM60m suit against Rosmah in limbo as court will only decide on trial day if it will proceed
As a result, Gurupatham and Rajivan said Justice Wong Chee Lin will hear Rosmah's stay application on Tuesday morning, and make a decision on the application then.
Advancecon bags RM50.5m worth of jobs
The group intends to fund both contracts via internally generated funds and/or external borrowings, the company said.
