ABM, AIBIM to offer six-month moratorium from July 7 in line with PEMULIH package
Borrowers/customers who wish to take up this moratorium will need to contact their banks from July 7 onwards.
Economists view PEMULIH as lockdown stabiliser rather than recovery catalyst
The analysts retained their gross domestic product (GDP) growth forecasts at 4.4% for 2021 and 4.7% for 2022.
Latest round of blanket moratorium less likely to hurt bank earnings due to opt-in basis, say analysts
One of the investment bank analysts said in comparison with the loan moratorium that took place from March to September last year, borrowers who intended to apply for a deferment this time around and may even have to sign revised terms to their loan agreement.
ARK Resources proposes 10% private placement to raise RM2.85 million
The proposed private placement will involve the issuance of up to 6.33 million ARK shares.
George Kent reports two-month net profit of RM11.34m on robust sales of water meters
The group also reported a net profit of RM48.75 million on revenue of RM310.83 million for the 14-month period (FY21).
Tiong Nam acquires Johor warehouse for RM30m
“The inclusion of the new warehouse (in Johor) will increase the group’s warehousing capacity by 2.6% to 6.2 million sq ft, from 6 million sq ft as at March 31,” said Tiong Nam
Yong Tai gets NPRA approval to launch phase three clinical trial for Covid-19 vaccine in Malaysia
The approval also coincides with the Emergency Use Authorisation (EUA) granted by China's government recently for the inactivated Covid-19 vaccine KCONVAC developed by the group’s strategic partner, Shenzhen Kangtai Biological Products Co Ltd (SZKT), the group said.
PEMERKASA+ may not be enough to bear brunt of lockdown, say economists
“Comparatively, the direct fiscal injection this time around is much smaller relative to RM11 billion in the first PEMERKASA package announced on March 17, 2021.”
MRCB’s quarterly profit falls 68% amid multiple construction site closures in 1Q
The group did not declare any dividend for the latest quarter.
MBSB reports 1Q profit as impaired loan allowance falls despite pandemic concerns
MBSB’s filing with Bursa Malaysia today showed that revenue slipped to RM680.98 million in the first quarter ended March 31, 2021 (1QFY21) from RM741.41 million.
