A couple of years ago I attended a conference in New York organized around Twitter. There were popular Twitter users and app developers and around 300 attendees. I wasn’t a speaker at the event, but I knew the organization and Chris Sacca, an early Twitter investor who had spoken at one of our earlier conferences in Amsterdam. I was about to walk into the men’s room when two guys ran out saying something like “I can’t believe that just happened!” I curiously walked in but there was nothing going on, except a guy going about his business in a stall. I… This story continues at The Next Web
KUALA LUMPUR (May 25): Property developer Eastern & Oriental Bhd's (E&O) net profit fell 21.8% to RM37.9 million in the fourth financial quarter ended March 31, 2018 (4QFY18) from RM48.46 million a year ago, due to higher income tax expenses of RM24 million in the current quarter under review versus RM8.57 million in 4QFY17.
In a statement today, E&O said the higher income tax expenses were attributed to higher revenue achieved in contrast to the occurrence of higher non-taxable income items in 4QFY17.