Hong Kong-listed casino operator and developer NagaCorp Ltd, known for its flagship NagaWorld integrated resort in Phnom Penh, on June 4 announced that it has moved the $3.5 billion Naga 3 project’s planned completion date from September 30, 2025 to exactly four years later, in a bid to cut capital expenditure (capex) amid global economic concerns.
KUALA LUMPUR (Bernama): A former asset manager of an oil and gas company claimed trial at the Sessions Court here on Tuesday (March 16) to 11 counts of corruption amounting to RM2.6 million to secure ‘Design and Build Agreement’ subcontracts for several petrol stations in Selangor, Melaka and Johor between 2018 and 2019.
Len Chia Whey, 37, pleaded not guilty to all charges read before Judge Azura Alwi.
He faces one charge of soliciting a bribe of RM480,000 from Mohamed Shariff Abdul as an inducement to help the latter get several ‘Design and Build Agreement’ projects in Selangor, Johor and Melaka at a restaurant here in December 2017.
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