News by theedgemarkets.com

Halim pointed out that PLUS managing director Datuk Azman Ismail failed to explain why there are whopping debts of RM30.2 billion in the highway operator.

The proposed acquisition will provide Sunway Group with geogrpahical and sectorial diversification, as well as a stable and sustainable income stream. 

The proposed acquisition will provide Sunway Group with geogrpahical and sectorial diversification, as well as a stable and sustainable income stream. 

Only RBS Coutts Bank Ltd — which held Good Star's account number 11116073 — requested information on the ultimate beneficiary of the funds from Deustche Bank KL prior to crediting money into the account.

This means the government would then lose out on corporate taxes and income taxes as a big part of taxes are paid by tycoons, he said.

The new unit placement to third party investors to be identified later represents up to 20% of Axis REIT's total issued units of 1.24 billion units as at Sept 30, 2019.

Both companies were to execute a written notice of discontinuance at the High Court of Malaya here in Kuala Lumpur yesterday.

Sithambaram said the basic fact is that “all cheques issued out of accounts 906 and 898 were issued personally” by Najib. 

MACC said it has obtained the go-ahead from the attorney-general to charge Nasharudin, who was detained at the MACC headquarters in Putrajaya at 2pm yesterday for questioning. 

This is because the purchaser, Bukit Selesa Developmemnt Sdn Bhd, has yet to obtain approval from the relevant authority in regards to the development order