More changes in Boustead group of companies' boardrooms
... with the latest being the redesignation of Boustead's executive director of group business development Izaddeen Daud as its deputy group managing director, effective March 1.
... with the latest being the redesignation of Boustead's executive director of group business development Izaddeen Daud as its deputy group managing director, effective March 1.
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.
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.
“We will see more construction progress chalk up over the rest of the year."
“It is hoped that the national immunization programme which was launched on Feb 24 will have a positive effect and the second half of 2021 will see the beginning of a recovery for the economy,” the group said.
I-Bhd stated that its quarterly revenue also declined by 81% q-o-q to RM7.24 million from RM37.44 million.
Governor Datuk Nor Shamsiah Yunus noted 1.4 million borrowers so far have applied for repayment assistance, with a 95% approval rate. There were 45% of borrowers who opted to reduce their monthly instalments rather than request a moratorium, she added.
In a statement, the Prime Minister’s Office said the claim made by Umno supreme council member Datuk Mohd Puad Zarkashi was ill-intended and aimed at tarnishing his image.
Under the new accounting standard, borrowing costs will not be capitalised for unsold units.
Upon the latest deadline to announced a plan to privatise Boustead on Feb 2, a conscious decision was made to allow the deadline to lapse.