The project is expected to commence in June 2021 and will take approximately 48 months to be completed.
With more recoveries than new positive cases today, total active cases continued to decline to 25,542.
In China, the retailer saw its operating profit tripled to RM104.93 million in 2QFY21, from RM34.96 million. Vietnam reported an operating profit of RM412,000, against an operating loss of RM2.12 million in 2QFY20.
Uncertainties surrounding the Covid-19 pandemic as well as political developments will hamper investment decisions.
Choi had served as a member of the senior management of various financial groups in Hong Kong, including as a director of Tung Tai Securities Co Ltd from September 2000 to July 2003.
Due to lower contributions from its retail and hotel segments that were impacted by the Covid-19 pandemic
The project involves the construction and completion of 10 levels of podium and external works at Plot 7MD7, Precinct 7, Putrajaya
The poorer performance was due to the reintroduction of conditional Movement Control Order from Oct 14 last year, which resulted in lower shopper footfalls that affected tenants’ businesses, amid lower occupancies. It also extended targeted rental rebates to the affected tenants.
Meanwhile, 2,490 more patients have recovered and were discharged in the last 24 hours, raising total recoveries to 130,152 or 75.4% of overall infections. But as recoveries continue to lag new infections, active cases that carry transmission risks reached another new high of 41,755.