The group said now is a good time to lock in potential good landbank that meets its business model and criteria, given the group's healthy balance sheet and the less intense competition between developers.
"The sum involved is very big and hence it gives an impact to public interests as it involves millions of ringgit."
"There is also an allegation of another account in existence in 2017 but our investigations showed that the account does not exist."
On the back of better sales performance achieved from both the manufacturing and property divisions.
He is alleged to have received the bribe of a total of S$3.040 million at Seri Satria between March 28, 2017 and March 2, 2018 .
Abdulaziz Mohamad said the group has set a lower tender book replenishment target of RM2 billion this year.
The MACC in a statement today said Zahid is expected to face charges under Section 16(a)(B) of the MACC Act 2009 and Section 165 of the Penal Code.
Her lawyer Datuk Akberdin Abdul Kadir had earlier made an oral application for Rosmah to be exempted from attending the court proceedings on that day.
Megat Zaharuddin succeeded Tan Sri Shahrir Samad, who stepped down on May 14, 2018.
The public prosecutor through the MACC is seeking RM212.97 million from Umno, RM1.25 million from Umno Sabah Liaison Committee, RM300,000 from Wanita MCA, RM337,634.78 from Perano Sdn Bhd, RM827,250 from Binsabi Sdn Bhd, RM100,000 from Hasan Malek and RM265,146.16 from Abdul Manan Ismail.
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