News by The Edge Financial Daily

According to sources, the concessionaire will be given a 20-year extension.

Under the partnership, TLA will invest RM80 million in RCSB, of which RM40 million is for equity participation and another RM40 million for project financing.

As such, Gamuda Bhd prefers to look overseas for more contracts and aims to derive half of its construction revenue and profit from international jobs over the next three years.

Start-ups coming here will gain access to funding, market, data and marketing opportunity.

Doing so may also lead to price increases and profiteering again on top of the government being accused of flip-flopping on its policies and causing the loss of business confidence.

The government will now stop approving new independent power production projects that come with power purchase agreements.

Any developments approved by Selangor's local councils are required to prioritise the construction of affordable units.

Forecasts of further OPR cuts are stoking interests in dividend stocks, including REITs.

These include its most recent issuance of RM300 million three-month conventional commercial papers (CCPs) and RM305 million three-month Islamic commercial papers (ICPs).

Yu said she only took instructions from Nik Faisal, who is the mandate holder of Najib’s  accounts with the bank.