News by M

The group announced a distribution per unit of 1.76 sen for the quarter, which represents a 95% income distribution rate.

In a filing with Bursa Malaysia, the steel products maker said the sale to ISEC (Penang) Sdn Bhd is expected to result in an estimated loss of RM81,000 to the group, after taking into consideration the estimated expenses of RM181,000 for the disposal.

The picture of a man climbing a coconut tree at a beach in Terengganu at dawn has received over 445,000 likes on the company's account as of noon today.

Saadatul Nafisah described Arul Kanda as an intelligent man who took over the reins of 1MDB on Jan 5, 2015, and had "worked very well" with her.

The recording captures a meeting on Feb 24, 2016, chaired by the then-Chief Secretary of the government Tan Sri Ali Hamsa, which discusses omissions and changes to the final 1Malaysia Development Bhd (1MDB) audit report before it was handed to the Public Accounts Committee the next month.

The sale of the land to Liansheng Paper (Malaysia) Sdn Bhd provides the group the opportunity to unlock the value of the land, Kossan said.

"Major works are expected to be completed in 2022 and MRT2 will become fully operational by 2023."

The senior counsel asked the witness whether the NAD was forced to make changes to the report, and told her to point out these instances, based on the transcription of the recording of the meeting held on Feb 24, 2016.

Waterfront Village is named after the lakes and waterfalls fronting the building. Sitting on a 100,000 sq ft site, it has a net lettable area of about 27,700 sq ft of which around 40% has been taken up.

In a statement, PNB said Kartini had served in various capacities throughout her stint with the fund management company.