SunCon net profit drops amid lower construction revenue, higher income tax expenses
Nonetheless, the group is optimistic of its future prospects.
Nonetheless, the group is optimistic of its future prospects.
OSK holds a 51% participating interest and Marubeni the balance 49%, to jointly develop, operate and maintain the LSS3 project.
“Sorry, I am not aware of such plan,” said Baru.
DFI has neither confirmed nor denied the authenticity of the list that went viral on social media.
Seacera said the claim is in relation to facilities of RM5.16 million and RM31.3 million provided under the Commodity Murabahah Revolving Financing-i scheme.
The lawyer had put to the witness that the TDK group of companies were being run by their respective board members rather than the late Minister.
Both companies will be jointly submitting a tender to the Energy Commission of Malaysia (EC) in the name of Fajarbaru-Gezhouba-Potential Region Consortium.
The project is to be completed by Aug 25 next year.
Tan noted that Advancecon Infra is permitted to tender for Malaysian government projects with unlimited value across the country.
R Kenghadaran, who was also a former Hindraf leader who was detained under the now-defunct Internal Security Act, filed the suit at the High Court yesterday.