News by theedgemarkets.com

The group announced that it had entered into a settlement agreement with the parties it had launched legal proceedings against.

Justice Nazlan said this after agreeing with both the defence and the prosecution to submit on the issue, where Najib, on FB, defended his RM3.3 million credit card bill at a Swiss jeweller.

Faiez however, said he was unable to find any carbon copy of the "official receipt" received by Aset Kayamas managing director Chai in the receipt book.

His legal team had today issued a statement regarding the seizure of bank accounts allegedly associated with him.

Its wholly-owned subsidiary, Leader Cable Industry Bhd (LCIB), signed the deal with Supermax’s wholly-owned unit Maxter Glove Manufacturing Sdn Bhd (MGMSB).

The order was made by Justice Mohamed Zaini Mazlan following an application made by DPP Aaron Chelliah.

This means that the case will be heard on its assigned date of Aug 19, putting further pressure on the attorney-general to conclude the ongoing RM42 million SRC trial.

MAHB said the development is not expected to have any material impact on the earnings and net assets of the company, since it is subject to strict proof at the full trial of this case in November. 

Pegasus said the company and GE Properties Sdn Bhd had both mutually agreed to cease the letter of award (LoA) for the job.

Ung said the funds do not belong to YR1M and she had been directed by the late Azlin to transfer the funds via whatsapp message.