News by theedgemarkets.com

"The updated valuation reports to be prepared by the respective independent valuers will take into consideration the effects of Covid-19 on the material properties of TA Group."

IGB REIT said: "The lower gross revenue, net property income and profit after taxation are mainly due to the rental support provided to tenants and lower car park income arising from the Covid-19 pandemic and resultant MCOs (Movement Control Orders)."

A new Covid-19 cluster has been detected in an old folk’s home in Kluang, Johor, with 14 confirmed positive cases, the Ministry of Health (MoH) said today.

The number of daily infections has been going up and down between the single- and double-digit levels since last Friday when 18 cases were reported, after posting four straight days of single-digit cases since last Monday.

Of the nine new cases, four were imported cases involving three Malaysians and one foreigner who is married to a local citizen. These cases were traced to Indonesia, Singapore and Pakistan.

“Mulpha was successful in proving the claim against the defendants (Mula), and the judge found that Mula had breached the settlement agreement and that the said agreement was terminated on Dec 15, 2013,” the group said in a bourse filing yesterday.

Alleging that AEON BiG has made “an inaccurate unilateral interpretation” of the stay order, Mega Continental said: “Any subsequent acts by AEON BiG in dealing with the seized goods may therefore be contempt in the face of court.”

Further investigations are ongoing into these new clusters

The number of active cases stood at 92 at present, up from 77 reported yesterday. Three patients remained in the intensive care unit with none requiring ventilator support.

This was revealed when Datuk Shahrol Azral Ibrahim Halmi was quizzed by defence lawyer Wan Aizuddin Wan Mohammed during cross-examination in the trial of former premier Datuk Seri Najib Razak, where he is facing abuse of power and money-laundering charges involving 1MDB funds.