E&O expects stronger quarters ahead after reversing losses in 3Q

KUALA LUMPUR (Feb 24): Having reversed losses in the third quarter, Eastern & Oriental Bhd (E&O) expects stronger earnings in the following quarters, supported by recognition of sales from new property launches in Penang and better contribution from its hospitality segment as the economy begins to recover from the Covid-19 pandemic.

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Guan Eng's corruption trial: Judge rebukes prosecution for not informing decision to not use written witness statement

KUALA LUMPUR (Nov 11): Sessions Court judge Azura Alwi on Thursday (Nov 11) rebuked deputy public prosecutor Wan Shaharuddin Wan Ladin for not informing the court and defence that the prosecution did not intend to use the written witness statement prepared for ex-Penang state secretary Datuk Seri Farizan Darus, who is testifying in former Penang chief minister Lim Guan Eng's corruption trial involving the proposed Penang Undersea Tunnel.

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