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KUALA LUMPUR (Jan 23): Former Prime Minister Datuk Seri Najib Abdul Razak told the High Court here today he knew "as a fact" that businessman Low Taek Jho (Jho Low) was the conduit between him and the Saudi Royal family, which was why he had no communications with them about their "donation" to him.

KUALA LUMPUR (Jan 23): Datuk Seri Najib Abdul Razak told the court today that he was not aware that the money he had been spending from one of his bank accounts were the funds transferred from SRC International Sdn Bhd, a former unit of 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Jan 23): Property tycoon Tan Sri Lim Soon Peng and Vital Spire Sdn Bhd are among the recipients of the cheques that Datuk Seri Najib Abdul Razak had issued from his bank account that allegedly received money from SRC International Sdn Bhd.

KUALA LUMPUR (Jan 23): The overnight policy rate (OPR) cut should potentially help put a lid on the declining business and consumer sentiments, according to AmBank Group chief economist and head of research Dr Anthony Dass.

KUALA LUMPUR (Jan 23): Leader Steel Holdings Bhd is acquiring a piece of freehold land in Klang for RM30.

KUALA LUMPUR (Jan 23): CIMB Bank Bhd, together with CIMB Islamic Bank Bhd, is lowering its base rate and fixed deposit rates by 25 basis points, in line with Bank Negara Malaysia's key interest rate cut yesterday.

KUALA LUMPUR (Jan 23): TSR Capital Bhd is selling its freehold land in Mutiara Damansara, Petaling Jaya measuring 5,078 sq m for RM48.

Sold for: RM830,000 (RM442 psf, based on land area) Concluded by: Royston Lau (PEA1570, 016-221 9389) of Maxland Real Estate Agency When: August 2019 Noteworthy: ● Leasehold ● Land area: 1,875 sq ft ● Built-up: 3,300 sq ft ● Unfurnished double-storey shop unit ● Nearby amenities: Universiti Teknologi Mara Shah Alam, Wet World Water Park Shah Alam, Kompleks PKNS Shah Alam, IDCC Ideal Convention Centre Shah Alam, Shah Alam Autocity, KPJ Hospital and I-Central Shopping Mall.

KUALA LUMPUR (Jan 22): While Datuk Seri Najib Abdul Razak had decided to remove Nik Faisal Ariff Kamil as chief executive officer of SRC International Sdn Bhd amid complaints of financial misconduct, he remained as the mandate holder of the former prime minister's accounts.

IPOH (Jan 22): The Perak branch of the MCA political party has urged members of the public to voice their dissatisfaction against 10 projects proposed under the Ipoh Local Plan 2020.