{"id":49038,"date":"2019-11-05T19:00:25","date_gmt":"2019-11-05T11:00:25","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=49038"},"modified":"2019-11-05T19:20:22","modified_gmt":"2019-11-05T11:20:22","slug":"mara-corp-lynas-mou-inked-without-approval-mara","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=49038","title":{"rendered":"Mara Corp-Lynas MoU inked without approval &#8211; Mara"},"content":{"rendered":"\n<p>KUALA LUMPUR, Nov 5 (NNN-BERNAMA) &#8212; The signing\u00a0of a memorandum of understanding (MoU) between Mara Corporation Sdn Bhd (Mara Corp) and\u00a0Lynas Malaysia Sdn Bhd yesterday was\u00a0done without the approval of\u00a0\u00a0Majlis Amanah\u00a0Rakyat (Mara), said its chairperson\u00a0Dr Hasnita Hashim.<\/p>\n\n\n\n<p>She said such a move by Mara Corp, a subsidiary of Mara, was not in line with the council\u2019s directive in which all new initiatives require consideration and approval from Mara beforehand.&nbsp;<\/p>\n\n\n\n<p>\u201cMara is in the process of reviewing Mara Corp\u2019s future direction. Therefore, all&nbsp;involvement&nbsp; with other parties in any new initiative must go through the process of obtaining&nbsp;approval from Mara and the Ministry of Rural Development,\u201d she said in a statement today.<\/p>\n\n\n\n<p>Yesterday, Mara Corp inked an MoU with Lynas Malaysia, the largest producer of rare-earth materials outside&nbsp;China,&nbsp;to collaborate on several key projects, including attracting downstream industries and downstream customers to Malaysia.<\/p>\n\n\n\n<p>&#8212; NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Nov 5 (NNN-BERNAMA) &#8212; The signing\u00a0of a memorandum of understanding (MoU) between Mara Corporation Sdn Bhd (Mara Corp) and\u00a0Lynas Malaysia Sdn Bhd yesterday was\u00a0done without the approval of\u00a0\u00a0Majlis Amanah\u00a0Rakyat (Mara), said its chairperson\u00a0Dr Hasnita Hashim. She said such a move by Mara Corp, a subsidiary of Mara, was not in line with the [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":17524,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/49038"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49038"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/49038\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/17524"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49038"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}