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Pavilion REIT posts marginal rise in 2Q NPI

The group attributed the second-quarter NPI increase to higher revenue, which was mainly contributed by higher rent and electricity income from the Pavilion Kuala Lumpur mall for the supply of electricity to the Pavilion Hotel and Pavilion Suites.

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Government seeks summary judgment against Najib on RM1.69b tax

The Government, through the IRB, filed the claim against Najib after he failed to respond to the IRB’s initial inquiry regarding additional tax assessments of RM1.47 billion in March this year, resulting in the total tax bill rising 10% or RM147 million in April, followed by a compounded 5% or RM80 million increase in May.

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