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KUALA LUMPUR (May 20): The High Court here today has dismissed the government's forfeiture suit for RM114 million in cash seized during a police raid of a Pavilion luxury condominium unit owned by OBYU Holdings Sdn Bhd three years ago, which was alleged to be misappropriated from 1Malaysia Development Bhd (1MDB).

Read also DONE DEAL: Condominium in Desa Kiara, TTDI, Kuala Lumpur DONE DEAL: Condominium unit in The Sentral Residences, Kuala Lumpur The leasehold luxury serviced apartment is situated on top of the seven-storey Pavilion KL Shopping Mall – the centre of the vibrant shopping belt in Bukit Bintang, Kuala Lumpur.

KUALA LUMPUR (May 20): The SME Association of Malaysia (SME Malaysia) has urged the Government not to impose a full lockdown on the economy, warning that nearly 40% of SMEs will close down their business operations for good if that happens.

KUALA LUMPUR (May 20): Property developer Tropicana Corp Bhd's net profit nearly halved to RM2.

KUALA LUMPUR (May 19): The judge in the 1MDB-Tanore trial today stopped former premier Datuk Seri Najib Razak’s (pictured) lawyer from asking a witness to verify purported forged signatures in bank documents.

PETALING JAYA (May 19): The supplementary vaccination programme by the state government will be able to speed up the recovery pace of the local construction industry, said Master Builders Association Malaysia (MBAM) president Tan Sri Sufri Hj Mhd Zin (pictured).

KUALA LUMPUR (May 19): The Selangor state government has taken the stance to reject a complete lockdown, in which most economic activities are not permitted, in the state as there are other more effective ways to contain the spread of Covid-19, according to Selangor Covid-19 taskforce chairman Datuk Seri Dr Dzulkefly Ahmad (pictured).

KUALA LUMPUR (May 19): IGB Commercial REIT Capital Sdn Bhd, a special-purpose entity incorporated by IGB Commercial REIT, has issued the first tranche of RM850 million bonds under its RM5 billion medium-term note (MTN) programme.

KUALA LUMPUR (May 18): Piling and foundation specialist, Econpile Holdings Bhd has a secured foundation and structure works contract worth RM27.

PUTRAJAYA (May 18): Lawyer Tan Sri Muhammad Shafee Abdullah (pictured) today described the Inland Revenue Board's (IRB) action in filing a lawsuit against him over alleged unpaid taxes totalling RM9.