Scott Sibella, the president of Resorts World Las Vegas: After years of planning and constructing this monumental property with some of the most innovative partners in the industry, Resorts World Las Vegas will redefine the hospitality standard in Las Vegas with unmatched dining and entertainment, more variety of hotel accommodations than anywhere else on the strip, and the city’s most progressive technology
Analysts cut CapitaLand Malaysia Mall Trust earnings forecasts after it achieved lower-than-expected income
The analyst said the negative deviation could be attributed to lower-than-expected rental income in 1QFY21 as a result of the imposition of MCO 2.0 (the second movement control order) and steeper-than-expected negative rental reversion.
In a bourse filing, SCIB said the group inked a conditional share sale agreement with three individuals — Noorazylawati Abdul Bakar, Mohd Khairil Mohd Hatta and Ibrahim Mohd Noor — to acquire Kencana Precast Concrete Sdn Bhd (KPCSB). It will settle the purchase via a combination of internal funds and/or bank borrowings.
FMM appeals to government to lift the freeze on foreign worker recruitment to support business recovery
"While the industry endeavours to fill those vacancies with locals, foreign workers are usually employed to fill up general operator-level jobs which employers are finding difficulty to be filled by locals due to the nature of the job or industry and job expectations of locals."
Ex-Ageson unit incurred RM24m cost for RM11.5m worth of works done for KL construction project, forensic audit reveals
In a statement, Ageson said the survey had certified that only RM2.8 million worth of preliminary work and RM8.6 million of piling works had been done as at Nov 22, 2017.
Hong Leong Investment Bank (HLIB) Research said in a note today that the development of MRT 3 would serve as an upside catalyst for the sector, but it reckoned that uncertainties regarding the timeline as well as hurdles on various fronts (political, funding, etc) remain key concerns.
“The decision to remove the 30% limitation for management staff to work in office is a positive step and we hope that the situation would soon be able to return to business as usual.”
Analysts say Kerjaya Prospek’s Tee brothers' E&O takeover offer unattractive but fair, recommend holders to accept
Affin Hwang Capital’s analyst Loong Chee Wei in a note today said, he believed the takeover price of 60 sen is reasonable given the high implied FY22 price to earnings ratio of 28 times and challenging prospects for E&O as border closures remain, which affects the sales of its high-end residential project.
Sime Darby said the disposal is in-line with its ongoing non-core asset rationalisation exercise