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.
PETALING JAYA: Kim Teck Cheong Consolidated Bhd
(KTC) registered a net profit of RM3.73mil for the third quarter of the financial year ending June 30, 2019, as compared to the net loss of RM11.82mil in the corresponding quarter last year.
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