News by THEEDGEMARKETS.COM

The increase in ECL was mainly because 1QFY18 had recorded a writeback as a result of staging improvement from stage 2 to stage 1.

"The reason for the transfer is recorded as 'CSR (corporate social responsibility) programmes'. I recognised the remittance form as I prepared the document," the witness said.

The commencement date for the project is May 30, and the group expects to complete its works within a year.

The tenancy term for the space measuring 42,903 square metres is for 12 years and is renewable for another three years

The real estate investment trust said its revenue for the quarter saw a slight 2.2% decrease to RM7.53 million from RM7.7 million previously.

Mahathir said ministers should undertake the five proposed anti-corruption measures at their ministries as part of the National Anti-Corruption Plan.

During cross-examination in the High Court here today, Datuk Seri Najib Razak's lawyer Harvinderjit Singh asked Azlida Mazni Arshad, who is the legal and secretarial vice president of KWAP, if any member of the investment panel had expressed their opposition to the facilities granted to SRC in any of the meetings held, as this would be reflected in the minutes of meeting taken by the witness. "Not in the minutes," said the witness.

The Court of Appeal's three-member bench, led by Justice Datuk Umi Kalthum Abdul Majid, was unanimous in its dismissal of the appeal.

The prominent lawyer had handed over his passport in September last year after he claimed trial to four counts of money laundering in connection with a RM9.5 million payment from former premier Datuk Seri Najib Razak.

Najib and Mohd Irwan are jointly facing six charges of criminal breach of trust involving RM6.64 billion of government funds for payments to IPIC.