News by theedgemarkets.com

Selangor is still the state with the highest number of cases with 356 infections, followed by Sarawak (308), Johor (129) and Penang (113).

In a bourse filing, the company that made its Bursa debut in 1990, said its entire issued share capital will be removed from the local stock exchange at 9am that day. Trading of the firm’s shares was suspended on March 15.

Gamuda said Penang state government on March 25 accepted the terms of project development of Island A, whereby the project shall be implemented via a project development model through a joint venture with the state government.

Anina said she did not intend to challenge the injunction order.

“There are no third parties to claim all seven assets owned by Low Hock Peng.”

In a filing posted with the Stock Exchange of Hong Kong, Genting Hong Kong said the disposal will enable it to offload non-core assets and investments and provide required liquidity to the group.

Yong Tai said the mining area was in operation over the last five years with proven gold mined, giving a better exploration database and detailed geological models, which translated into reduced risks and huge discount on capital costs.

Revenue, however, surged 181% to RM611.64 million, from RM217.44 million in 3QFY20, mainly due to settlement of the sale of the en-bloc serviced apartment to Scape Australia Management Pty Ltd.

This return to the red was mainly due to impairment losses on goodwill and other assets recognised in the current quarter.

Proceeds from the sukuk issuance will be used for repayment of several identified existing borrowings and working capital requirements.