News by theedgemarkets.com

The decision stems from the failure of Titanium Hallmark to pay the balance of the total disposal consideration for the seven plots of land. 

It posted a widened loss of RM14.85 million in 2QFY20, compared with RM12.65 million in the previous corresponding quarter. Revenue was also 18.3% lower at RM90.19 million, from RM110.42 million previously.

The group's current orderbook stands at RM850 million, which would sustain its earnings over the next two years.

This startling admission by Najib contradicts his earlier repeated assertions that he was only in contact with former SRC International Sdn Bhd managing director Nik Faisal Ariff Kamil, and Datuk Azlin Alias — his deceased former private secretary, about the issuing of cheques.

The former premier said this after the prosecution referred him to the Loans Guarantee (Bodies Corporate) Act 1965, and probed him on the three loans granted by the MoF defaulting on the loans granted by Retirement Fund Inc (KWAP).

It issued the proposed decision against seven warehouse operators for infringing Section 4 of the Competition Act 2010 in relation to the price fixing of surcharges on long-length handling and heavy lift handling services, for all import and export cargoes in Northport and Westport areas in Port Klang.

Datuk Seri Gopal Sri Ram: Being a loud mouth is one thing, but you must act within the confines of the law.

Najib had previously testified that the gift was purchased for the wife of Qatar's ex-prime minister Sheikh Hamad Jassim Jaber Al Thani.

In a Bursa Malaysia filing today, KAB said it had today accepted the letter of award (LoA) from Binastra Ablebuild Sdn Bhd, a subsidiary of property developer Binastra Land Sdn Bhd.

The High Court has today fixed for proceedings to continue from Monday (Jan 13) to Thursday next week.