Protasco unit gets RM316m SUKE project termination letter

KUALA LUMPUR (Dec 13): Protasco Bhd said today its subsidiary HCM Engineering Sdn Bhd received a termination letter from Turnpike Synergy Sdn Bhd (TSSB) for the construction of the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) due to the delay in the project's implementation.

READ MORE

Najib, Arul Kanda arrive at court to face charges

KUALA LUMPUR (Dec 12): Former Prime Minister Datuk Seri Najib Razak and ex-1Malaysia Development Bhd (1MDB) president Arul Kanda Kandasamy have arrived at the Kuala Lumpur Sessions Court where they are scheduled to be charged with abetting in aiding to tamper the 1MDB audit report.

READ MORE

Tabung Haji set to sell TRX land bought from 1MDB

KUALA LUMPUR (Dec 12): A controversial piece of land in Tun Razak Exchange (TRX) here that Lembaga Tabung Haji (pictured) purchased from 1Malaysia Development Bhd (1MDB) three years ago is likely to be one of the underperforming assets that will be transferred to a special purpose vehicle (SPV) under the ministry of finance.

READ MORE