News about ra

SHAH ALAM (Aug 28): Paramount Corp Bhd said today the real estate developer is planning new property launches worth some RM900 million in the second half of 2019 to achieve its RM1 billion sales target for the year.

KUALA LUMPUR (Aug 28): Datuk Seri Najib Razak's lawyer maintains that the former premier has been misled by fugitive financier Jho Low on the dealings of 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Aug 28): Eastern & Oriental Bhd (E&O) is looking to sell RM300 million in property inventory in its current financial year (FY20).

KUALA LUMPUR (Aug 28): Permodalan Nasional Bhd (PNB) president and group chief executive officer (CEO) Datuk Abdul Rahman Ahmad will assume the role of chairman and non-independent non-executive director of Sime Darby Bhd upon Tan Sri Dr Wan Abdul Aziz Wan Abdullah's retirement on Oct 31 this year.

KUALA LUMPUR (Aug 28): The defence in Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) trial today brought up the issue of Datuk Seri Gopal Sri Ram's appointment as a senior deputy public prosecutor in the case.

KUALA LUMPUR (Aug 28): Najah Air Sdn Bhd, a six-man group of entrepreneurs led by AirAsia Group Bhd co-founder and former chairman Datuk Pahamin Ab Rajab, has pulled out of the potential bidding war for struggling Malaysia Airlines Bhd, according to sources.

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 28): Practice Note 17 (PN17) firm Seacera Group Bhd has defaulted on credit facilities amounting to RM12.

KUALA LUMPUR (Aug 28): Melaka-centric township property developer Yong Tai Bhd announced its first annual net loss in five years, due to losses incurred at its Encore Melaka theatre and after booking a one-off impairment loss in relation to the Terra Square retail mall.

KUALA LUMPUR (Aug 28): Former prime minister Datuk Seri Najib Razak complained yesterday, through his lawyer, that he had to seek treatment for a sore back after sitting on the wooden bench in the accused dock during his SRC International Sdn Bhd hearings.