In a bourse filing today, Yong Tai said 89,300 shares will be listed on Dec 8 following the conversion, which will see its issued share capital rise to 1.04 billion shares or RM456.8 million.
Out of the 59 assemblypersons, 10 voted for the motion, 48 voted against, and one abstained or cast a spoiled ballot.
Lim, who holds an 11.07% stake in Tropicana, is also the chairman and founder of Top Glove, in which he controls 25.68%.
The hearing was supposed to resume today.
The Monsoon cluster — the lone cluster identified in Petaling Jaya, Selangor — has 19 confirmed cases.
Of today’s cases, 508 cases or 47.3% were recorded in the Klang Valley states and federal territories.
Knight Frank Malaysia international residential project marketing associate director Dominic Heaton-Watson noted that the UK property market remained open during the month-long lockdown.
"The property and construction sectors should be the beneficiaries if HSR moves on."
"The Prime Ministers took stock of the progress of discussions, and gained a good understanding of Malaysia’s and Singapore’s respective positions,” said a joint statement.
Tan Sri Dr Noor Hisham Abdullah warned of the risk of community infection related to the Teratai cluster as positive cases were detected outside the Enhanced Movement Control Order (EMCO) area.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
