News by Syahirah Syed Jaafar

Earnings per share fell to 0.28 sen from 0.8 sen, the group's filing with Bursa Malaysia showed.

However, Resorts World Genting and Resorts World Awana will remain closed until further notice, Genting Malaysia said in a statement on its website.

This follows the government’s announcement in its Economic Recovery Plan on June 5 to exempt sales tax of 100% for locally assembled passenger vehicles, and 50% for imported passenger vehicles purchased during the period.

Of the 17 local transmissions, 14 cases involved foreign workers while three cases involved Malaysians, said health director-general Datuk Dr Noor Hisham Abdullah in his daily briefing today.

Marzunisham Omar has 27 years of experience across various functions of central banking, ranging from economic and monetary policy, financial sector regulation and development, financial inclusion and organisational development.

Dr Norhana Endut will be responsible for the Economics, Monetary Policy, Data Management and Statistics Departments as well as International Departments.

The REIT attributed the lower earnings to the March 18-31 rent free period given to tenants that were not able to provide essential services and supplies during the movement control order (MCO) period. 

Attorney General (AG) Tan Sri Idrus Harun said the decision was taken in accordance with powers exercisable at his discretion under Article 145(3) of the Federal Constitution.

The appointment follows the resignation of Sime Darby chairman Datuk Abdul Rahman Ahmad, as he has been appointed the group chief executive officer (CEO) and executive director of CIMB Group Holdings Bhd and CIMB Bank Bhd, Sime Darby said.

The 10-year contract, which was awarded to its Singapore-based subsidiary Pintary Foundations Pte Ltd, will commence in August.

Revenue in the first quarter ended March 31, 2020 dropped 17% at RM365.83 million from RM440.04 million a year ago.