News by M

Desa ParkCity, sprawling 473 acres, was unveiled back in 2002. A barren, active quarry mine is now Kuala Lumpur’s first-ever new and popular urbanist township.

With four more Covid-19 patients having recovered from the outbreak, active cases in the country climbed for the fourth consecutive day to 183, from 166 on Monday

64-year-old Noorazman has over 37 years of experience in banking and finance, investments and capital markets.

Datuk Wong Rhen Yen, counsel for creditor Mastijaya Sdn Bhd, told the court that since Jepak is based in Bintulu, the issue of whether this matter should be heard in the High Court of Malaya or the High Court of Sabah and Sarawak has to be determined first.

The 4,333-acre Bandar Bukit Raja is Sime Darby Property’s largest planned township in Klang

Aspen’s Malaysian unit Aspen Vision All Sdn Bhd (AVA), together with CMY Capital and Iskandar Basha Abdul Kadir, will develop the new business which will be undertaken by Aspen Glove Sdn Bhd (AGSB), said the real estate developer.

During cross-examination today, defence counsel Datuk N Sivananthan, who is representing 1MDB's former president Arul Kanda Kandasamy, asserted that although there were suggestions and requests to drop certain parts of the audit report, the ultimate decision on removing and/or tampering with the report was still the onus of Ambrin.

However, Ambrin defended that since the order came from the government, he felt the pressure to comply with the requests.

"From the ministry's point of view on the proposal to impose such tax, there is no need for now but such a proposal would be reviewed and may be studied [further]."

The company said local projects had contributed 80% of the total sales while the remaining RM173 million or approximately 20% were contributed largely by international projects.

Malaysia has made the use of face masks mandatory in crowded public areas starting Aug 1, 2020 to curb the spread of the Covid-19 outbreak.