News by Joyce Goh

Zero- to 11-year-olds second highest segment of Covid-19 cases in past two weeks

However, bankers were tight-lipped when asked what the counter proposal entails.

Kenanga Research said while Genting Bhd’s first half ended June 30, 2021 (1HFY21) core loss of RM111 million missed expectations, strong UK and US numbers in the second quarter (2QFY21) due to reopening and relaxing operating restrictions led the research house to believe that a swift recovery is in store for Resort World Group and Resort World Singapore once business and borders reopen. 

“Based on World Health Organisation recommendations, any positivity rates above 5% is too high and actions must be taken before any re-opening of the economic and social sectors are recommended.”

“Perhaps this was because, in the whole process of clicking, something went through but the applicants are not aware of which date that actually went through,” said an observer.

Other Malaysians on Forbes’ 2021 billionaires list include Hong Leong Group’s Tan Sri Quek Leng Chan, with an estimated wealth of US$9.7 billion, Ananda Krishnan (US$5.8 billion), Tan Sri Teh Hong Piow (US$5.7 billion), Tan Sri Syed Mokhtar Albukhary (US$1.2 billion) and the glove guys — Hartalega Holdings Bhd chairman Kuan Kam Hon and family (US$3.9 billion) and Top Glove Corp Bhd’s Tan Sri Dr Lim Wee Chai (US$3.5 billion). 

"Negotiations have started but it remains unclear if there are any final outcomes from negotiations as yet," said a source.

“We need to control RWG’s (Resorts World Genting's) cost base to ensure the sustainability of our business and to help protect as many jobs as possible during this challenging time,” the group explained. 

... for unpaid and outstanding rental and late payment charges. 

“Qra, backed and led by one of the co-founders of Ben’s Independent Grocers (BiG) — David [Tseng] — is slated to open its doors this month,” one source said.