I-Bhd dips 1.33% on proposed rights issue to raise up to RM150m
At 9.19am, I-Bhd shed 0.5 sen to 37 sen for a market capitalisation of RM375.28 million.
At 9.19am, I-Bhd shed 0.5 sen to 37 sen for a market capitalisation of RM375.28 million.
“We regret that the unsubstantiated and irresponsible reporting by the media had led to further speculations and subsequent harassment of the individual,” said TRX City.
SRC had initially requested for a RM3.95 billion loan from KWAP in 2011. KWAP decided to only approve RM1 billion, citing the original requested amount as an 'overconcentration' of money to just one company in one industry.
Wan Abdul Aziz, 67, is the 45th prosecution witness to take the stand today and testify in the SRC trial as it enters its 35th day.
The 1MDB or Tanore trial is scheduled to begin on Aug 19 next month.
"The RM21.5 billion reduction in cost was achieved through a review of all engineering aspects [pertaining to the project] and value engineering that encompasses all aspects of the implementation of the project."
In Penang, Paramount will be also launching the third phase of its Utropolis Batu Kawan project, with an estimated GDV of RM240 million.
The property comprises a 43,560 sq ft leasehold land, together with a four-storey building and a three-storey annex with built-up floor area measuring 67,035 sq ft.
IJM Corp said its wholly-owned unit, IJM Construction Sdn Bhd (IJMC), received the notice of termination from the LRT3 turnkey contractor, MRCB George Kent Sdn Bhd (MRCBGK), yesterday.
Datuk Maliami Hamad, who was the ministry’s secretary (management, loan, capital market and actuarial) before he retired, said he was instructed by his superior, MoF’s secretary-general Tan Sri Wan Abdul Aziz Wan Abdullah, to process the former 1Malaysia Development Bhd (1MDB) subsidiary’s government guarantee application, after receiving instruction from “top people” during cross-examination by lead defence counsel Tan Sri Shafee Abdullah.