Mahathir dubbed the media group as the "new" Utusan, which will rehire Utusan Melayu employees, who will be retrenched at the end of this month.

R Rajasekaran: Penang will regain its place as an industrial powerhouse if the PSR project is allowed to go through.

As it has not reached the one-year implementation period.

Sold for: RM2.80 million; Concluded by: Amy Wong (REN 30799) of Allhomes Properties Sdn Bhd (018-354 0010); When: May 2019

Testifying in the criminal breach of trust and graft trial of former Felda chairman Tan Sri Mohd Isa Samad at the High Court today, Hanapi initially stated that no approval was given by the board for the purchase.

Utusan Melayu (M) Bhd executive chairman Datuk Abd Aziz Sheikh Fadzir: We are liquidating the holding company but the ownership of the printing licences [has] been acquired by Aurora Mulia and they will relaunch publications in the near future.

On May 27, 2009, two companies linked to the fugitive financier acted as secondary subscribers to the strategic development fund's RM5 billion Islamic Medium Term Notes (IMTN) and subscribed to RM4.5 billion at a discount via AmBank.

She also clarified that the elections would not be held until Cabinet approval had been received in reference to the time period and cost involved.

“Also, much of the government land sale during this period was undertaken via direct negotiations and not on the basis of open tenders.”

The 342-room hotel is part of the mixed-use development Duo and is situated in the Ophir-Rochor corridor in Singapore.