News by theedgemarkets.com

RAM Ratings Services Bhd has assigned a Class A rating to RM700 million of the first tranche of MTN, with 43.97% loan-to-value ratio (LTV) and 2.31 times debt service coverage ratio (DSCR).

Tan Sri Dr Noor Hisham Abdullah: The people of Malaysia are a very important front line at this point and are expected to continue to stay at home, if there are no important matters outside. We have no choice anymore, we must take care of ourselves!

“The overall duration of the project is 15 months and works are expected to commence in June 2021.” 

Lawyer Tan Sri Muhammad Shafee Abdullah accused the IRB of being unethical for announcing the suit to the media even before serving him with the legal papers

The three-member bench led by Judge Datuk Abdul Karim Abdul Jalil remarked that the hearing, which began early last month, took exceptionally long to conclude. The appeal had taken 15 full days.

"While the impact of a blanket MCO would be devastating to business and the economy, it is understood that there is a dire need to curb the rising number of new daily Covid-19 infections. Any decision towards this end must also take into consideration the interest of business and the preservation of livelihoods."

Sarawak Consolidated said construction of the project is expected to be undertaken between June 2021 and August 2023

Thomas said Sri Ram, a former Federal Court judge, enjoyed all powers of the public prosecutor as his appointment was made under Section 376(3) of the Criminal Procedure Code.

Pesona Metro said its unit Pesona Metro Sdn Bhd has accepted the letter of award from Bayu Mantap Sdn Bhd, which is the turnkey contractor as well as turnkey developer of the project.

Selangor continued to post the highest number of new daily infections with 1,650 today, followed by Sarawak (433) and Johor (391).