News about trial

KUALA LUMPUR (Nov 9): Former premier Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial, which was supposed to resume this week, has been rescheduled to Dec 14 and 17, due to an extension of the Conditional Movement Control Order (CMCO).

KUALA LUMPUR (Oct 16): Taiwan Stock Exchange-listed Wistron Corp, a global leader in state-of-the-art design, manufacturing, services and systems for information and communications products, is expected to ink a deal soon with Western Digital (Malaysia) Sdn Bhd to purchase the latter’s factory located in Sungei Way Free Trade Industrial Zone, Petaling Jaya.

KUALA LUMPUR (Oct 12): The Sessions Court here has today fixed Oct 28, 2020 for case mention in former finance minister Lim Guan Eng's Penang undersea tunnel project corruption trial, during which two amended charges will be read to him.

KUALA LUMPUR (Sept 26): Gamuda Bhd has fallen into the red with a net loss of RM17.

"Prosecution has managed to prove the mens rea," Julia said.

PETALING JAYA (Sept 16): The Covid-19 pandemic may have hit the construction sector but it also opened up a new avenue for the industry players to rethink the conventional construction process and start to embrace Industrialised Building System (IBS) and Modular Integrated Construction (MiC), said Malaysian Institute of Architects (PAM) president Datuk Ezumi Harzani Ismail.

KUALA LUMPUR (Sept 3): Axis Real Estate Investment Trust (Axis REIT) has proposed to acquire a warehouse located in Shah Alam, Selangor, for RM11.

PETALING JAYA (Aug 17): Property developer NCT Group of Companies (NCT Group) has partnered with Future Inno Park Sdn Bhd to promote Kuala Langat Industrial Hub to become the “industrial hub of choice” for the electrical and electronic (E&E) industry.

KUALA LUMPUR (Aug 17): The 1Malaysia Development Bhd (1MDB)-Tanore trial continues today with its former CEO Datuk Shahrol Azral Ibrahim Halmi (pictured) still in the witness stand which he took to late last year.

The Covid-19 pandemic almost paralysed Malaysia during the Movement Control Order (MCO) lockdown period for six weeks from March 18, but business owners are optimistic that the market is gradually resuming its pace especially in the current Recovery MCO.