News by M

The partners had initially agreed to jointly undertake the development of The City of Dreams 2 on a plot of land in Penang.

Ministry of Health (MoH) director-general Datuk Dr Noor Hisham Abdullah said the lone case involved a Malaysian who had returned from Turkey, which meant that no local transmissions were recorded today.

CEO of The Expat Group, Andrew Davison said the closure seems to be the result of a “major disagreement between the immigration and tourism ministries about the programme itself”.

Shahrol: It was not something I wanted to read. The authors actually contacted me to ask what I thought about it and asked for some comments.

“However, when entering Malaysia, they must have a certificate that shows they are Covid-19 free and have no symptoms. They must show us a ‘fit to travel’ certificate. Singapore must issue such a certificate to its citizens.”

Article 117 under 1MDB's memorandum and articles of association (M&A) stated that matters such as the appointment of directors, the senior management team as well as matters relating to financial commitments would require then prime minister and finance minister Datuk Seri Najib Razak's approval.

Responding to questions from Najib's lawyer Tan Sri Muhammad Shafee Abdullah, Shahrol said he should not be charged and that he never made a deal with the prosecution and the MACC to testify against Najib.

In a bourse filing, the group said that its 60%-owned subsidiary SRS Consortium Sdn Bhd entered into a master agreement today with the Penang government over its appointment as the PDP for the infrastructure project.

MCT said the issues that plagued the property market such as market overhang, price unaffordability and lack of financing are expected to persist.