News by Arjuna Chandran Shankar

The building, whose net book value stood at RM586 million as at the close of the financial year ended Dec 31, 2019 (FY19), is being sold for a gain of RM114 million.

For the RM100 million fresh capital to be raised, the group has earmarked RM95 million for future investments in its business. The balance RM5 million would be used for working capital requirements.

R0, an indicator of how contagious the infection is, shows the average number of people who will contract the disease from a single infected person. Tan Sri Dr Noor Hisham Abdullah said the country's R0 was back above one with a value of 1.34 as of yesterday. Sabah's R0 value was 1.37 and Kedah's was 1.15.

Meanwhile, 64 more patients have recovered today, bringing total cured cases to 9,666 or 91.4% of the total number of cases.

In a bourse filing yesterday, the property developer said it will be placing 30.61 million shares — representing 10% of its share capital — to selected third-party investors.

“No further announcement on the matter will be made unless appeals are filed by the plaintiff against UMW Toyota,” said UMW.

"These five MSF staff have not been in contact with any CIMB Kota Damansara or TTDI branch staff. For both locations, the branch and MSF centres are on separate floors of the respective buildings," the bank said.

There are 82 new infections. A new cluster in Semporna, known as the Bangau-Bangau Cluster, saw five cases involving four Malaysians and one foreigner.

The government should release to the public a feasibility study which shows how the proposed realignment to the East Coast Rail Link (ECRL) will lower costs and save time, said Institute for Democracy and Economic Affairs (IDEAS).

Sunway will be raising RM1.1 billion via the issuance of 1.11 billion ICPS at RM1 per share to pare down its borrowings, and to fund hospital expansion and property development expenditure.