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KUALA LUMPUR (July 23): YTL Cement Bhd, a unit of giant conglomerate YTL Corp Bhd (KL:YTL), is planning to buy an 81.34% stake in Singapore-listed NSL Ltd for S$227.61 million (RM792.32 million) in cash, to expand its industrialised building systems (IBS) business.
The government is set to open up the third-party access to Malaysia's electricity grid with the launch of CRESS from September, focusing on green electricity supply.
When Nvidia up no impact , so no need to worry so much about Nvidia down also no impact unless you are Jenson H who is now in the top 15 richest list ,even it is down down by 10% to 20% , all of us in forum the combined wealth is less this his fortune .. it would only have direct impact either when YTLP wants to venture into chip business , which is highly unlikely or impossible, or Nvidia buys some ownership of YTLP , which is more likely to happen ..
What is the offence of providing false claims (Section 18, MACC Act 2009) Any person providing documents such as receipts / invoices that are false or contains false details with the intention to deceive the principle (office).
The case is being investigated under Section 18 of the MACC Act 2009, which carries a maximum prison sentence of 20 years and a fine of RM10,000 or five times the value of the false claims, whichever is higher, upon conviction.
3 KEY PHRASES FROM MACC
1)However, the [investigation] process will take some time
2)it wouldn't be fair to the parties involved if I were to say there were signs of wrongdoing at this early stage
3) The two reports reveal “several weaknesses, such as low broadband coverage, weak infrastructure technology, school locations https://theedgemalaysia.com/node/728110
As a matter of fact , I think they lost money in this project as a victim when the project was terminated earlier after 2 years … need not worry , the market would do the job by digesting and discounting all the info ..