News by Lai Ying Yi

The parcel, which measures 3.47ha and is held under Giat Armada Sdn Bhd, is being sold to Pacific Parkland Sdn Bhd (PPSB).

The proceeds raised from the sukuk will be utilised for the group's landbanking, investments and working capital, as well as the refinancing of its existing borrowings and/or redemption of unrated perpetual securities.

"With Tan Chong Motor Group’s expansion into Indochina and Myanmar, particularly Vietnam, there are series of projects, that is, extension of assembly plant, body shop, trim and chassis and new warehouses that need to be constructed by the group to cater for the business expansion."

The rubber glove maker said the land is located next to its existing manufacturing plant No. 12, which will facilitate management control and operational synergies and efficiency.

Health director-general Datuk Dr Noor Hisham Abdullah called on participants of the event, held between Feb 27 and March 3, to go to their nearest district health clinics to get tested for COVID-19.

In a bourse filing yesterday, TDM said TDMC has resumed full operations since Monday (March 9).

In the meantime, patient 87 has fully recovered and been discharged from the hospital, bringing the total number of cured cases to 25.

The buildings comprise a purpose-built six-storey one-stop “AutoCity” building with a net lettable area (NLA) of 493,062 sq ft, and a 19-storey hotel with 190,715 sq ft of NLA.

The duration of the contract is thirty-six months starting from the date of site possession on March 23, 2020.

"We view this message to be created with malicious intent towards Pavilion KL and the businesses in the Bukit Bintang area, aimed only at raising alarm and fear-mongering among shoppers and visitors," Pavilion KL said in a statement.