In 4Q20, the retail sub-sector that was the worst hit was the fashion and fashion accessories segment, which contracted 49.6%. Another segment that was hit badly was the department store category, which slumped 44.7%, according to the Malaysia Retail Sales Report.
The MACC stressed that it is an independent investigation agency that always ensures its actions are done according to the law without political leanings.
Lim, who is WCT executive chairman, had prior to this round of buying, acquired 3.36 million WCT shares via eight transactions in the open market since Feb 18.
New recoveries continued to outpace fresh infections, with 3,275 patients discharged in the latest 24-hour reporting period
The plot comes with a single-storey detached warehouse building, two single-storey detached factory buildings, a single storey detached store, a three-storey office building, and ancillary buildings.
Mohd Zamri Abdul Rashid, who investigated the sum Zahid received through a trustee account, told the High Court at the UMNO President’s corruption trial today that the three companies that had given Zahid the funds were not operating as businesses and had their registered addresses at condominiums.
The group said in a bourse filing that its wholly-owned subsidiary Teras Eco Sdn Bhd had entered into a sale and purchase agreement with Pegasus Advance Engineering Sdn Bhd for the disposal of a parcel of land located at Tanjung Surat, Kota Tinggi measuring approximately 3.239 acres.
Analyst Wong Wei Sum: Judging from the sales momentum in early 2021, most developers expect a better sales outlook in FY21 though it may be coming at the expense of lower margins on lower pricing
“We will see more construction progress chalk up over the rest of the year."
Mohd Puad said in a statement he will abide by the court order ahead of the court hearing of the inter partes injunction on March 12.
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