The chief executive of one victim, depositor Saigonbank Berjaya Securities JSC (SBBS) - a unit of Malaysia's Berjaya Corporation Bhd - told Reuters that if the ruling was upheld, she had little hope of recouping her bank's $10 million from the perpetrator, who was sentenced to life imprisonment. "We can't afford to lose the case. This represents 70 percent of our capital. Our business may get suspended," Josephine Yei said in an interview.
KUALA LUMPUR: George Kent Bhd recorded a lower net profit of RM84.92 million for the financial year ended Jan 31, 2019 (FY19), from RM124.40 million in 2018.
Revenue declined to RM430.75 million from RM616.99 million previously.
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