News by Lai Ying Yi

“SMEs (small and medium enterprises) have little negotiation clout with their bankers, so we hope that the restructuring process could be facilitated well,” FMM said.

IGB REIT said: "The lower gross revenue, net property income and profit after taxation are mainly due to the rental support provided to tenants and lower car park income arising from the Covid-19 pandemic and resultant MCOs (Movement Control Orders)."

Bersatu party election committee (JPP) chairman Tan Sri Syed Hamid Albar said it will be drawing the candidate numbers for its supreme council posts, as well as for its Srikandi and Armada divisions, starting today.

Revenue fell 27.88% to RM58.38 million, compared with RM80.95 million previously, which the group said was mainly due to the negative impact of the suspension of construction work for ongoing projects, as well as lower carpark rental and mall rental income during the Movement Control Order (MCO).

In a bourse filing yesterday, the power giant said it received the notice yesterday, which was similar to the notices it had received in past years.

Of the new cases, three were imported, all of which involved Malaysians, while the remaining 11 were local transmissions involving three Malaysians and eight foreigners, health director-general Datuk Dr Noor Hisham Abdullah said.

Farmers who accept the scheme will be granted sub-leases or sub-land use rights to their existing farms at a 10 plus 10 plus 10 years tenure with a subsequent extension of 30 years subject to State Authorities’ approval

Of the new cases, four were imported, all of which involved Malaysians, while the remaining four were local transmissions involving two Malaysians and two foreigners.

“The programmes are scheduled to be implemented this year, and are aimed at training a total of 30,000 industry players consisting of contractors, construction workers and youths in the areas of building skills, supervision and management as well as the adoption of technology in construction,” the board said.

Ho Hup expects the corporate exercise to be completed by the fourth quarter of 2020.