Commenting on the possibility of another round of loan moratorium, Datuk Nor Shamsiah Mohd Yunus highlighted the banks continue to provide financial assistance to affected borrowers and highlighted that a total of 1.6 million applications for repayment assistance have been facilitated by the banks with an approval rate of 95% as of March 31 this year.
Bank Negara said all economic sectors of the country registered an improvement in 1Q21, particularly the manufacturing sector.
The repayment of 90 sen per share is at 35.5 sen, 65% premium over its last traded price of 54.5 sen
In a circular to E&O shareholders filed today, BDO CC pointed to the offer’s “significant discount of RM1.52 or 71.7% to the estimated fair value per E&O share of RM2.12”.
Sarawak reported the highest number of daily new Covid-19 cases at 508, followed by Selangor and Johor at 431 and 387 respectively.
Selangor overtook Sarawak today as the state with the highest number of new cases at 751 versus 512
The national R0 number has been going up since April 10, when it stood at 1.03, to 1.06 on April 11, 1.07 on April 12, 1.09 on April 13, and 1.14 yesterday.
"This is in line with our future plans to expand our business of property development in Melaka through acquisition of landbank for future projects that meet the demand of the residential property market in Melaka," the group said in a statement.
The rail developer has already issued requests for information (RFI) to industry players, as it intends to change the construction methods as well as entice the development of local technologies.
The purchase consideration comprises RM1.63 million cash and the issuance of 228.5 million new EcoFirst shares at 35 sen apiece or RM79.97 million, the group said in a statement.
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