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High Court allows NFC to amend defence, file counterclaim against govt in RM253.6m suit

The government's suit is against NFC, Datuk Mohd Salleh Ismail, his children Wan Shahinur Izmir Mohamad Salleh, Wan Izzana Fatimah Zabedah Mohamad Salleh, Wan Shahinur Izran Mohamad Salleh and companies Meatworks Corp Sdn Bhd, Techknowlogy Imageware (M) Sdn Bhd, Real Food Company Sdn Bhd, National Meat & Livestock Corporation Sdn Bhd, Asian Bioscience Corporation Sdn Bhd and Agroscience Industries Sdn Bhd.

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1MDB trial may be delayed to Aug 27

Trial judge Justice Collin Lawrence Sequerah will make a final confirmation at 4.30pm tomorrow on whether to start the hearing on Tuesday or Sept 3 as requested by the defence after receiving updates from Datuk V Sithambaram, the appointed prosecutor in the ongoing SRC International Sdn Bhd case.

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Bersatu in favour of Lynas continuing operations

“Lynas has its own risk management. It is not that Lynas operations are not risky, but the risks were explained to us. All factory operations have their risks and we congratulate Lynas for identifying and managing the risks properly."

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Jaks Resources up 6.71% on solid 2Q earnings

The better 2QFY19 earnings boosted the group’s net profit for the first half of FY19, which surged 116% to RM65.91 million from RM30.58 million a year ago (1HFY18), as revenue increased 65% to RM613.23 million from RM372.5 million.

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