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EVENING 5: Maju unit slaps Econpile with RM346mil countersuit

Published by The Edge Malaysia · Malaysia 1 d ago
EVENING 5: Maju unit slaps Econpile with RM346mil countersuit
EVENING 5: Maju unit slaps Econpile with RM346mil countersuit · The Edge Malaysia

Detailed summary

Maju Holdings’ unit, ASM Development (KL), says it has slapped Econpile with an almost RM346mil countersuit; Bank Pembangunan and Danajamin get Bank Negara’s approval to start merger talks; and the MEF claims the minimum wage hike would result in an additional RM2.5bil in foreign remittance per year, and weaken the ringgit to boot.

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