News by Kang Siew Li

This is for years of assessment 2016 to 2019.

If a crew member is tested positive, he or she is required to undergo a seven-day hotel/home quarantine in the country or until the next flight scheduled.

Gan acquired 8.42 million shares in the the LEAP Market-listed technology-based company. 

The stock surged as much as 38% to hit its intraday high of 73 sen in early trade today. At 4.14pm, the stock was trading at 63 sen, bringing a market capitalisation of RM272.81 million. A total of 61.4 million shares changed hands.

Malaysia Aviation Group (MAG) group chief financial officer Boo Hui Yee: Our immediate priority is to stem losses, save cash and sustain the business against the highly 'changeable' uncertainty of the COVID-19 pandemic.

"The impact (of COVID-19) to the market is tremendous. People are not travelling. Businesses not operating as they used to be and the aviation landscape has changed tremendously. MAG is not spared from all of this."

In a Sept 5 letter addressed to Transport Minister Anthony Loke Siew Fook, the Board of Airline Representatives Malaysia (BAR-Malaysia) urged the Government to roll back plans to cut PSC from RM73 to RM50 for passengers flying to destinations beyond Asean at klia2 and all airports in Malaysia except KLIA. The change is expected to come into force next month.

The company’s talks with the lender are still at an early stage and there is no guarantee a deal will happen.

Tobacco firms have been in a limbo since the SST came into play

But first, it has to finish construction of the RM1.1 billion Pacific Star development in Section 13, Petaling Jaya, by the end of the year. It also wants to sell off its 51% stake in Evolve Concept Mall in Ara Damansara, Petaling Jaya.