News by theedgemarkets.com

Tan Sri Dr Noor Hisham Abdullah about 6,603 people living in the area have been screened so far, with 5,056 positive cases detected since the cluster was announced by the Ministry of Health on Nov 7.

Selangor, according to Health director-general Tan Sri Dr Noor Hisham Abdullah, contributed 891 or 60.5% of the new infections.

In a filing with the bourse, Tiong Nam said it had, from Nov 23 to Nov 26, conducted tests for a total of 267 in-house staff and subcontracted workers of the affected warehouse, after a number of its workers tested positive for the virus.

They are seeking a declaration from the court that Datuk Seri Mohamed Azmin Ali, as their MP, owes them a fiduciary duty and is a trustee in respect of his relationship with his constituents, including themselves. They also want a declaration that he had breached his representation to them, and as such breached the fiduciary obligations owed to them.

In a statement, the MoHR pointed out that the main offence by the Top Glove group was its failure to apply for an accommodation certificate from the director-general of the Department of Labour of Peninsular Malaysia (JTKSM) under Section 24D of the act, which led to the discovery of other offences, including dense, uncomfortable accommodation and lack of proper ventilation. Moreover, the buildings used as accommodation for workers did not adhere to local authority laws, it added.

According to HSBC global survey Navigator: Now, next and how, which surveyed more than 10,000 companies across 39 markets in the world, Malaysia’s businesses have lowered their growth expectations, but they are still more positive than their regional peers.

AmInvestment Bank Research analyst Kelvin Ong said in a note today that the group’s normalised earnings for 9MFY20 were above expectations, making up 97.9% and 85.9% of the research house's and the consensus FY20 net profit estimates respectively.

Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob: The risk assessment by the Ministry of Health (MoH) found that the positive rate in this area is still high whereby there are still new positive cases detected among employees through the second screening tests.

Malaysia today reported 1,212 new Covid-19 cases, pushing total confirmed infections in the country to 65,697, according to the Ministry of Health (MoH).

Background details on the deceased were obtained from his family and local authorities.