SDs are irrelevant at this point, says Anwar

KUALA LUMPUR (Feb 26): PKR President Datuk Seri Anwar Ibrahim contends that the statutory declarations (SDs) signed by multiple members of parliament (MPs) purportedly to support Tun Dr Mahathir Mohamad as prime minister are no longer relevant as the Yang di-Pertuan Agong will only consider the nominated individual conveyed personally by MPs during separate meetings with them at the Istana Negara.

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Sime Darby 2Q net profit dips 11% on recognition of RPGT

KUALA LUMPUR (Feb 26): Sime Darby Bhd's net profit for the second quarter ended Dec 31, 2019 fell 11% to RM282 million from RM317 million a year earlier, mainly due to recognition of a deferred tax credit of RM129 million arising from the change in real property gain tax (RPGT) rates.

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Senior Umno politicians' challenge on MACC notices dismissed

KUALA LUMPUR (Feb 26): The High Court today dismissed a challenge mounted by former Johor Bahru MP Tan Sri Shahrir Samad, former deputy finance minister Datuk Ahmad Maslan and former deputy home minister Datuk Nur Jazlan Mohamed on the Malaysian Anti-Corruption Commission (MACC) notices issued to them to recover funds from 1Malaysia Development Bhd.

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