“For example, to buy PLUS Highway, the Government has to fork out RM30 billion. To spend this amount, it is better for us to spend it on reducing our debt burden. So, at this juncture, we have not decided yet on what we're supposed to do in relation to toll,” said Dr Mahathir.
The contract is split into phases and will commence this month for a date of completion by October 2020.
The stronger profit was mainly due to higher contributions from two segments — property, and financial services and investment holdings — which offset lower contributions from its construction, industries and hospitality segments, it said in a stock exchange filing.
He testified during the trial that had he known the accounts were owned by the former premier, he would not have transferred the money to them.
Syazlin would be in a conflict of interest position as she was representing the interests of Adib's family.
Quarterly revenue fell 4.66% to RM514.65 million from RM539.79 million a year ago, mainly due to lower revenue recognition from its engineering and construction segment.
"OCBC Bank is committed to the development of renewable energy in Malaysia, in support of the Malaysian government's target to increase the country's generation mix from renewable energy to 20% by 2025."
To be decided purely on points of law and without going for a full trial.
The case was called for mention today, and deputy public prosecutor Mohamad Firdaous Mohamed Idris told High Court Judge Mohd Nazlan Mohd Ghazali that the prosecution had delivered all the related documents to the defence pursuant to Section 51(A) of the Criminal Procedure Code.
Revenue for FY19 declined 9.81% to RM886.32 million compared with RM982.71 million in FY18 mainly due to decreases in contribution from its property and hospitality segments.
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