1MDB trial: Najib to know today if 1MDB trial starts today
Justice Sequerah will decide on his own today whether to start the 1MDB case today as the Federal Court last week did not allow the postponement of the trial.
Vizione to raise up to RM59 million via private placement
Vizione said proceeds from the proposed private placement will be used to part finance the group’s existing construction projects, as well as for payment of tender/contract deposits and/or performance bonds for new projects.
Pintaras Jaya gets additional piling project in Singapore for RM91m
“This brings the total cumulative contracts newly secured to 10, collectively worth RM247 million.”
Guocoland posts fifth quarterly loss in a row
"The net negative revenue of the previous year corresponding quarter was due to cancellations of certain sale and purchase agreements during the period and the effects of MFRS 15."
IRB's suit against Najib: Court sets Sept 6 to fix hearing date for stay application, summary judgement
The IRB filed the suit to claim the RM1.69 billion from Najib on June 25, after the former premier failed to respond to an initial enquiry by the board in March on additional tax assessments of RM1.47 billion.
Govt reopens registration of G1 Grade Bumiputera contractors after 14 years
In a joint statement by Ministry of Finance and Ministry of Economic Affairs, they said the Cabinet had met on Aug 14 this year and agreed to the reopening of registration on Sept 1, 2019. "This would be an opportunity for new Bumiputera contractors, especially the younger generation who are technically qualified to more actively participate in the construction industry, particularly in securing government projects," the ministries said.
Another delay in Ku Nan's RM1m corruption trial
This came as the lawyer representing Paragon Globe Bhd ex-chairman Datuk Tan Eng Boon, who has been instructed by the High Court to undergo a joint trial with the former territories minister for the case, is not available on that date.
Witness insists Teras Dara Konsortium companies were under Jamaluddin Jarjis’ control
The lawyer had put to the witness that the TDK group of companies were being run by their respective board members rather than the late Minister.
George Kent, MRCB say LRT3 project funding dispute is over priority of options
They said the difference of opinion is in respect of the interpretation of provisions of the shareholders agreement they inked dated June 8, 2015.
Damansara Realty's 2Q earnings lifted by JV project, lower expenses
"We are encouraged by our first half results, despite having expired contracts, we have successfully secured new contracts worth approximately RM80 million in the first half of the year.”
