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Grant Thornton Malaysia has stepped up to defend its country managing partner Datuk NK Jasani, who has been charged with eight counts of criminal breach of trust (CBT) in the Sessions Court on Wednesday. In a statement, Grant Thornton said it disagrees with the charges and will be vigorously defending Jasani with facts and evidence. ....
KUALA LUMPUR (Feb 27): PLUS Malaysia Bhd’s wholly-owned subsidiary Projek Lebuhraya Usahasama Bhd will convene an informal call with the holders of the latter’s RM23.35 billion Islamic bonds or sukuk to discuss, among others, the proposed further extension on the execution of the toll highway operator’s supplemental concession agreements with the Malaysian government to June 30, 2022 amid ongoing negotiations on toll restructuring between the highway concessionaire and the government. CIMB Investment Bank Bhd, which is the principal adviser and lead arranger of Projek Lebuhraya Usahasama’s Islamic medium term notes of up to RM23.35 billion in nominal value, said in a statement on Thursday (Feb 25) that the scheduled informal call on Thursday (March 4, 2021) at 10am is pursuant to the letter from Projek Lebuhraya Usahasama to the sukuk trustee Maybank Trustees Bhd on Tuesday (Feb 23, 2021). ....