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KUALA LUMPUR (19 Feb): Datasonic Group Bhd deputy managing director Chew Ben Ben told the High Court today that an alleged RM6 million bribe the company gave to former deputy prime minister Datuk Dr Ahmad Zahid Hamidi in 2017 was in fact a political donation to his Barisan Nasional coalition government.

KUALA LUMPUR (Feb 15): Of the 30 public projects worth RM3 billion that Datasonic Group Bhd secured, about two-thirds of them were granted by the Home Affairs Ministry, the company’s former managing director Datuk Abu Haniffah Noordin told the High Court yesterday.

KUALA LUMPUR (Feb 13): Datasonic Group Bhd’s subsidiary, Datasonic Technologies Sdn Bhd (DTSB), managed to secure an RM318.

KUALA LUMPUR (Jan 14): Amverton Bhd’s founder, chairman and controlling shareholder, Tan Sri Ng Boon Thong, intends to take the property company private by offering to buy the remaining shares in the company at RM1.

SHAH ALAM (Jan 6): Former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi was offered alternative charges by the prosecution for 33 of his 40 charges of bribery involving the overseas visa (VLN) system.

KUALA LUMPUR (Oct 25): The High Court here has today deferred the hearing of 1Malaysia Development Bhd (1MDB)-linked asset forfeiture proceedings against the Tun Hussein Onn Foundation to Nov 15 from Nov 4 this year.

SHAH ALAM (Oct 22): Former PAS deputy president Datuk Nasharudin Mat Isa claimed trial at the Sessions Court here to 30 counts of criminal breach of trust to the tune of RM3.

KUALA LUMPUR (Sept 11): Pintaras Jaya Bhd has bagged three piling contracts worth a combined RM80 million.

KUALA LUMPUR (Sept 10): In view of the controversies surrounding the Federal Territory Foundation (YWP), its chairman Khalid Abdul Samad said it has decided to stop venturing in businesses involving land deals.

  Q: What is the function of a sinking fund? Is there any guideline on how much a home owner should be charged?  The Strata Management Act 2013 requires every parcel owner to contribute to the sinking fund every month.