Minetech Resources wins civil contract in Perak’s Hulu Grik
"The project is expected to take approximately 12 months from the date of securing the site, whilst the terms and conditions of the project is to be finalised within 6 months’ time."
YTL Starhill Global REIT requests S&P to withdraw credit rating on RM9b property trust
"Following this withdrawal, Starhill Global REIT, its medium-term notes programmes and the notes drawn under the programmes continue to be rated by Fitch Ratings, and is currently rated 'BBB' with a stable outlook.”
Kossan’s unit sells land for RM153m
"Upon the completion of the proposed disposal, it is expected to result (in) a net gain of approximately RM 39 million. Baring unforeseen circumstances, the proposed disposal is expected to be completed by the first quarter of 2021, Kossan said.
EPF subsidiary Kwasa Land appoints Mohamad Hafiz Kassim as MD designate
Kwasa Land said in a statement today that Mohamad Hafiz’s appointment was effective yesterday.
Urusharta Jamaah Sdn Bhd ceases to be substantial shareholder of MCT, WCT Holdings and Eastern & Oriental
Exchange filings show the unit of the Ministry of Finance recently sold 7.05 million shares amounting to 0.48% in MCT, 3.27 million shares or 0.23% in WCT Holdings and 13 million shares or 0.96% in E&O.
Keck Seng’s US, Canada hotels close temporarily due to COVID-19 lockdowns
“In line with the directive, the operations of DoubleTree by Hilton Hotel Alana – Waikiki Beach (Hawaii), SpringHill Suites New York Midtown Manhattan (New York) and Delta Hotels by Marriott Toronto Airport and Conference Centre (Toronto) are temporarily suspended until further notice,” it said.
Genting’s associate Landmarks suspends resort ops due to COVID-19 disruptions
"This drastic decision is a direct result of the COVID-19 pandemic, which has caused serious and significant disruption to both domestic and international travels," it said in a stock exchange filing.
WEC injects RM15.75m into substantial shareholder’s company to facilitate land buy
In a bourse filing, WEC said it is taking up a 35% stake in BLSB for RM875,000, and is putting another RM14.87 million into the company via a preference share subscription.
MICCI says more effective stimulus package needed for businesses
“The government should provide a more effective stimulus package to businesses, instead of unsustainable ones. Bottom line, what is needed is to ensure that businesses being the engines of the economy, driver of growth and providers of employment, survive this current crisis. If not, it benefits no one.”
COVID-19 stimulus package: Govt to focus on domestic investment activities
These include small projects, infrastructure development, and rehabilitation of facilities which the government has budgeted RM3.1 billion for their implementation.
