News by Arjuna Chandran Shankar

Malanjum, who was Chief Justice of Malaysia — the highest judicial officer in Malaysia from July 2018 to April 13, 2019 — was before that the Chief Judge of the High Court of Sabah and Sarawak cum Chief Justice of the Federal Court of Malaysia.

The utility giant said the 0.55 sen/kWh cut follows a reduction in actual coal costs for the July-December 2019 period.

Styl Associates has noted that the group had incurred a net loss of RM20.89 million for the financial year ended July 31, 2019, and had at that point of time not complied with the repayment terms of its bank borrowings.

The Taiping High Court will set the date and reserve price for the auction.

The watchlist inclusion takes effect today (Dec 4), according to an announcement yesterday by PRA to the SGX on the watchlist inclusion, which Parkson filed with Bursa Malaysia.

Verokey and Tower Ray inked a non-binding heads of terms agreement today with Hero Inc Ltd, Staycity Ltd and BSW Land and Property Ltd, who want to buy their entire stakes in Black Pearl.

In a bourse filing, the group attributed the loss to expenses stemming from land clearing, earthworks and provisions for the costs of proposed corporate exercises.

In a bourse filing, the group said that 3QFY18 saw an impairment loss of RM1.83 billion on its investment in the promissory notes issued by the Mashpee Wampanoag Tribe.

Consequently, it recorded a net profit of RM6.67 million for the three months ended Sept 30, 2019, as compared with a net loss of RM274.57 million in the same quarter last year — when it recorded a share of loss from its associate Syarikat Pengeluar Air Selangor Holdings Bhd.

In particular, EMIR Research found that the cost of living was the source of most worry for Malaysians surveyed — with a score of 0.81.