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1-10 results from 1000 for query «funds»

August 17, 2018 12:10 PM Pesona Metro JV bags RM218.22m contract

PETALING JAYA: Pesona Metro Holdings Bhd’s joint venture (JV) with Intrasegi Sdn Bhd has been awarded a contract worth RM218.22 million for the construction of an office in Kuala Lumpur. In a filing with Bursa Malaysia, the group said the contract was awarded to Intrasegi Sdn Bhd-Pesona Metro Sdn Bhd JV by Pembinaan Kery Sdn Bhd, a wholly owned subsidiary 4

August 15, 2018 11:44 AM Government will repay RM19.25b GST refunds from 2019

PETALING JAYA: Finance Minister Lim Guan Eng said in a statement today that the government will repay RM19.25 billion in outstanding GST refunds to 121,429 companies and individuals from next year. The GST Refunds Trust Account currently only holds RM148.6 million and Lim did not elaborate on how the government would make good on the payments, which 4

August 14, 2018 3:39 PM YTL Hospitality REIT acquiring Hokkaido ski resort for RM222.5m cash

PETALING JAYA: YTL Hospitality REIT (YTL REIT) is acquiring The Green Leaf Niseko Village for ¥6 billion cash (RM222.5 million) from Niseko Village KK (Niseko Village), an indirect wholly owned subsidiary of YTL Corp Bhd. In a filing with Bursa Malaysia today, YTL REIT said its wholly owned subsidiary Starhill REIT Niseko GK (Starhill Niseko) has entered 4

August 14, 2018 5:00 AM Ideas: Easing monetary policy, fiscal stimuli not the right move

PETALING JAYA: Easing monetary policy and introducing fiscal stimuli to support consumption may not be the right way to prepare Malaysia for its first recession since 2009, said the Institute for Democracy and Economic Affairs (Ideas). Ideas senior fellow Dr Carmelo Ferlito was responding to Bank Islam Malaysia chief economist Dr Mohd Afzanizam Abdul 3

August 13, 2018 10:19 AM Najib files appeal against gag order refusal

KUALA LUMPUR: Lawyers of former prime minister Datuk Seri Najib Abdul Razak today filed an appeal against a High Court refusal to issue an order restraining the media and public from publishing statements on the merits of his case pending its disposal. Najib's lead counsel Tan Sri Muhammad Shafee Abdullah, when contacted, said a notice of appeal was filed 13

August 13, 2018 8:40 AM Jho Low has to be accountable if yacht obtained through illegal means: Najib

KUALA LUMPUR: Fugitive businessman Low Taek Jho, or Jho Low, should be held accountable if it is proven that he had obtained the superyacht Equanimity through illegal means, former prime minister Datuk Seri Najib Abdul Razak said today. "If it was done illegally, if the yacht was paid for in an illegal manner, in a sense that money that is not due to him (Jho Low) as alleged 8

August 13, 2018 7:15 AM GST refund shortfall more than we thought: Lim

KUALA LUMPUR: Finance Minister Lim Guan Eng has clarified that the amount left in the government's trust fund meant for Goods and Services Tax (GST) refunds was not RM1.486 billion, but only a tenth of that figure. He said in his speech in the Dewan Rakyat last week, he had revealed that the total outstanding amount of GST refunds since its introduction 5

August 11, 2018 8:42 AM PDRM are still hunting for Jho Low: IGP

PORT KLANG: The Royal Malaysian Police (PDRM) are still hunting for businessman Low Taek Jhow or Jho Low over the 1Malaysia Development Berhad (1MDB) scandal, said Inspector-General of Police Tan Sri Mohamad Fuzi Harun. "Investigations against him are proceeding as normal," he said briefly to reporters when asked about the development of efforts to hunt for Jho Low. The blog Sarawak 6

August 8, 2018 3:59 PM Government to refund GST input tax credit next year

KUALA LUMPUR: Finance Minister Lim Guan Eng said the Pakatan Harapan government will seek to refund the input tax credit under the Goods and Services Tax (GST) starting next year. He revealed that the GST input tax credit refunds since its implementation in April 2015 until May 31 this year, totalled RM19.4 billion. He said according to records of the Royal 4

August 7, 2018 7:23 AM MACC to quiz Najib at 5pm

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has summoned ex-premier Datuk Seri Najib Abdul Razak for further questioning today over the RM42 million scandal involving SRC International Sdn Bhd, a former subsidiary of state-owned investment arm 1Malaysia Development Berhad. Sources told theSun that Najib was ordered to show up for the session 5