'Frankly, we were expecting an acquittal,' says Najib's 'shocked' lawyer

KUALA LUMPUR (Nov 11): Datuk Seri Najib Abdul Razak and his lead defence counsel Tan Sri Muhammad Shafee Abdullah were taken aback by a high court decision ordering the former prime minister to enter his defence on all seven charges levelled against him over the misappropriation of RM42 million belonging to SRC International Sdn Bhd.

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High Court orders Najib to enter defence in SRC case

KUALA LUMPUR (Nov 11): Once Malaysia's highest ranking politician, Datuk Seri Najib Abdul Razak has today been ordered by the High Court to enter his defence for the three criminal breach of trust, an abuse of power and three money laundering charges involving RM42 million of SRC International Sdn Bhd funds.

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GDB targets RM1b turnover in five years

KUALA LUMPUR (Nov 11): Construction company GDB Holdings Bhd, which made its debut on the ACE Market of Bursa Malaysia a year and a half ago, is aiming to achieve a turnover of RM1 billion in the next five years.

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Rehda: Have a more equitable formula to calculate share units in mixed developments

PETALING JAYA (Nov 8): The Real Estate & Housing Developers’ Association Malaysia (Rehda) has urged the government to amend the relevant Acts and Regulations to provide the Land and Mines Office (PTG) with the power to approve a comprehensive and more “equitable” formula and weightage factors to calculate share units for the different components of a mixed development.

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