Mara wins appeal to regain RM6.6mil from head of aerospace association

Mara wins appeal to regain RM6.6mil from head of aerospace association

The Court of Appeal ordered businessman Naguib Nor to pay Mara RM50,000 in costs.PETALING JAYA: Majlis Amanah Rakyat (Mara) has won its appeal to recover RM6.6 million from a businessman over an unfulfilled profit guarantee linked to an investment.The guarantee was linked to Mara's RM33 million investment in Strand Aerospace Malaysia Sdn Bhd, which Naguib Nor founded, Berita Harian reported.A Court of Appeal bench comprising Justices Wong Kian K…