News by theedgemarkets.com

The cost revision is due to specification changes that include the setting up of a new depot, Wee told lawmakers in Parliament yesterday.

Income from its car park plunged 83.8% year-on-year (y-o-y) to RM930,000 from RM5.74 million while its marcom revenue and utilities recovery also declined during the MCO, it said in a bourse filing.

This is the third consecutive day of active cases above the 100 mark, after staying below that level for 17 days in a row.

“We do not consider graduates of the UoL to be graduates of LSE,” Haynes replied in an email dated July 1 to queries from the Securities Commission (SC), a copy of which was provided to theedgemarkets.com.

This follows a notice of additional assessment for 2018 amounting to RM1.81 billion, which TNB received from the IRB last Monday (July 13), the utility company said in a bourse filing yesterday.

Of the 15 new cases, 11 were local transmissions and the other four were imported cases.

Works for the RTS will commence in January 2021 after the relevant approvals have been acquired, with the project to be completed in 2026.

“According to the airlines, even though the government has relaxed the social distancing rules, flight ticket prices may not drop immediately. They must ensure there is continuous and stable demand before airfares can return to normal as seen before the Covid-19 outbreak."

In a bourse filing today, Yi-Lai, which mainly carries out manufacture and sale of ceramic and homogenous tiles, said it had been cited as the second defendant in Kuala Lumpur High Court Suit No. 285 filed on July 8, 2020 and served on the company yesterday by one Teng Kam Kheong.

"Discussions are ongoing for a more targeted approach going forward, such as extending the repayment period, restructuring their borrowings and granting exemptions until the borrower stabilises."