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Sunway REIT says market value of Malaysian properties up at RM7.982b

In a filing with Bursa Malaysia yesterday, SUNREIT — the assets of which include shopping malls and hotels — said the net revaluation surplus stood at RM108 million, after taking into account capital expenditure of RM65 million, based on the REIT's unaudited results for financial year ended June 30, 2019 (FY19).

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Court of Appeal dismisses application to postpone 1MDB trial

"This follows the High Court being prepared to accommodate the parties' schedules when necessary. The parties [prosecution and defence] are at liberty to apply [for postponement before the trial judge] should the SRC International Sdn Bhd trial fail to conclude," the court ruled.

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