News by Justin Lim

Upside risk: overall recovery in retail malls. Downside risk: prolonged lockdown measures.

As such, WCT said it will continue to pursue its legal rights in respect of the final award — which was issued by the Arbitral Tribunal in 2015 when it initiated arbitration proceedings against Meydan in 2009 over the cancellation of the RM4.6 billion race course project in Dubai — including the enforcement of the same.

Selangor reported today the highest daily number of new cases at 673.

Nine Covid-19-related deaths were reported today, and Penang emerged among the top three contributors of new daily cases in the nation.

"Beginning from Jan 1, 2021 until June 30, 2021, the government has approved an ICPT (Imbalance Cost Pass-Through) rebate of two sen/kWh for all customers including domestic customers with monthly consumption of 300kWh and below.”

Kossan halted operations at the plant from Dec 4 after 427 employees tested positive during company-wide screenings of closed to 7,000 employees.

They include consumer electronics player Panasonic Manufacturing Malaysia Bhd, condom manufacturer Karex Bhd, and electronics manufacturing service provider ATA IMS Bhd.

“With the prospects of the durian industry, the board is optimistic that the proposed acquisition will enable the group to build on the existing durian business operations, to ensure a steady supply of fresh and processed durian fruits and to increase the production and processing capacity.”

The land parcels also come with two units of three-storey semi-detached factories erected on them.