KUALA LUMPUR (Aug 28): Datuk Seri Najib Razak and his 'alter ego' Low Taek Jho, aka Jho Low, produced 'sham' letters and cheques to falsely represent 1MDB monies that entered into his bank accounts as donations from an Arab prince, the High Court was told today.
KUALA LUMPUR (Aug 27): WCT Holdings Bhd’s net profit dropped 47% to RM22.
KUALA LUMPUR (Aug 28): Consortium Zenith Construction Sdn Bhd (CZC), the main contractor of the Penang Major Roads and Third Link development, has come out to explain the progress of the feasibility studies in relation to the megaproject.
KUALA LUMPUR (Aug 28): The following is appointed prosecutor Datuk Seri Gopal Sri Ram's opening statement at Datuk Seri Najib Razak's 1MDB trial, reproduced in full: 1.
KUALA LUMPUR (Aug 28): Former premier Datuk Seri Najib Razak (pictured) played a pivotal role in amending the 1Malaysia Development Bhd (1MDB) articles of association in order to put him in position of control of the company in a bid to enrich himself, said the prosecution in his 1MDB trial.
KUALA LUMPUR (Aug 27): Gagasan Nadi Cergas Bhd expects its construction tender book to exceed RM1 billion from RM700 million as at January 2019, as the group has been successfully pre-qualified in more public sector tenders.
KUALA LUMPUR (Aug 27): Sime Darby Bhd's net profit for the fourth quarter ended June 30, 2019 rose 13% to RM184 million from RM163 million a year earlier, driven mainly by its industrial and motors divisions.
KUALA LUMPUR (Aug 27): Selangor Dredging Bhd has sold up to 97% of its property inventory on the back of greater take-up of its developments.
PUTRAJAYA (Aug 27): Former premier Datuk Seri Najib Razak and senior lawyer Tan Sri Muhammad Shafee Abdullah were granted leave by the Court of Appeal yesterday to possibly challenge the legality of former Federal Court judge Datuk Seri Gopal Sri Ram’s appointment as a senior deputy public prosecutor (DPP).
Housing and Local Government Minister Zuraida Kamaruddin said recently that several rent-to-own (RTO) schemes will be launched in September.
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