News by THEEDGEMARKETS.COM

In a bourse filing yesterday, Meridian said post-acquisition, Lee now holds 31.68 million shares or a 5.47% stake in the company.

“Banking institutions will grant an automatic moratorium on all loan/financing repayments/payments, principal and interest (except for credit card balances) by individuals and SME borrowers/customers for a period of six months from April 1, 2020.”

"This impact is expected to be most severe in our hotel assets, where occupancies are expected to reduce substantially and closure may be necessary, while restrictions remain in place."

Anne Tong said she had reported the matter to the police and Malaysian Communications and Multimedia Commission (MCMC), hoping the authorities will “find the culprit responsible for starting this falsehood”.

"RTKs that trace the antibodies cannot detect the virus for rapid confirmation of infection. So it can't be used to help in the early detection of COVID-19. Therefore, RTKs that trace antibodies are not recommended for the purpose of COVID-19 diagnosis," MoH director-general Datuk Dr Noor Hisham Abdullah said in a statement today.

In a filing with Bursa Malaysia today, LBS Bina said Tan Sri Dr Lim Wee Chai bought the shares via direct business transactions between March 19 and 24 at 32 sen apiece or RM33 million.

Of the new infections, 43 have been traced to the Masjid Jamek Seri Petaling tabligh or religious gathering.

The last time Malaysia’s business optimism recorded negative was the fourth quarter of 2015.

This is to help ease their burden and to provide a safety net for individuals, families as well as businesses during the movement control order (MCO), the two chambers of commerce said in a joint statement today.

They are among the 14 individuals who were remanded by the court earlier during the same period up to yesterday.