Tropicana said its independent and non-executive director Loh Chen Peng, 66, who is also a member of the group's risk committee, has resigned from the board due to health issues, with effect from Dec 5. At the same time, another independent director Datuk Tang Vee Mun, 47, has been made a senior independent director, with effect from yesterday.
Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the proposal was mooted based on the potential commercial benefit the merger could bring, and that it only requires the approval of the respective companies' boards of directors, as it is a matter relating to the operation of companies.
Higher revenue was recorded across all its major business segments.
This was supported by 19% higher revenue in the quarter of RM4.18 billion against RM3.52 billion in 4QFY20.
As of 2020, more than 7% of Malaysia’s population are aged 65 and above, officially classifying the country as an aged society by the common definition.
PAC chairman Wong Kah Woh: Only after 2015 did DBKL improve the process of land sale and disposal by empowering the Privatization Committee with preparation of checklists that have more detailed procedures for which it gained ISO certification [in 2017].
The concern about Covid-19 infection from migrant workers is the second biggest in the list of seven pandemic-related worries measured in the survey.
Bank Negara Malaysia governor Datuk Nor Shamsiah Yunus: We recognise that the recent implementation of containment measures due to the resurgence of Covid-19 cases could somewhat affect our growth momentum in the final quarter of the year
"An expansionary fiscal policy has been necessary to support economic recovery the world over. What is key is the government's commitment to gradually embarking on a fiscal consolidation path in the medium term.”