Additionally, lower selling and marketing expenses of RM27.9 million and a decrease of RM10.2 million in administrative expenses contributed to the higher net profit.
Singapore has filed a declaration under the United Nations Convention on the Law of the Sea (UNCLOS) to ensure that Malaysia does not unilaterally commence third-party arbitration or adjudication against the republic.
Lawyer Sitpah Selvaratnam, who is leading the legal team for the government and 1Malaysia Development Berhad (1MDB) on the “Equanimity” case , said the price was set after the yacht was valued by UK-based independent appraiser Winterbothams.
Khaw stressed that the arrangement "has worked very well, benefiting all stakeholders in this region", so he was "truly baffled" by Malaysia's recent stance.
In a statement to Bursa Malaysia, Protasco said the SUKE project is undertaken by the joint venture between HCM and Hatimuda Sdn Bhd on a 40% to 60% basis (HCM-Hatimuda JV).
Musa's lead counsel Amer said the prosecutors only supplied part of the documents required during the case management at the Kuala Lumpur Sessions Court today.
They were jointly charged with another person still at large with voluntarily causing grievous hurt on Sulaiman Abdullah, 32, in front of the temple in Subang Jaya here, at 12.30 pm last Nov 26.
"This is a special circumstance case where there is a probability that the applicant will abscond," said Judge Collin Lawrence Sequerah in dismissing Ng's application.