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News by theedgemarkets.com

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Robinsons shutdown will affect IGB REIT but only short term, say analysts

30 October, 2020

Hong Leong Investment Bank Research analyst Nazira Abdullah said Robinsons accounted for 12% of The Gardens Mall's net lettable area, which translates into 3% to 4% of the group’s revenue, thus the impact is minimal.

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news

Robinsons shuts its doors in Malaysia and Singapore as it falls victim to Covid-19

30 October, 2020

Robinson Co (Malaya) Sdn Bhd will be closing both its Malaysian outlets located in Kuala Lumpur. In Singapore, Robinson & Co (Singapore) will be closing its remaining outlets at The Heeren and Raffles City shopping centre

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news

Lawyer files challenge to Agong's discretion to not accept PM's advice

30 October, 2020

Dr Syed Iskandar Syed Jaafar, 53, filed the originating summons (OS) at the High Court here, through Messrs R Kenghadaran & Co, where he named the Malaysian government as the sole defendant.

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Lagenda Properties and Bina Darulaman ink MOU to jointly develop affordable housing in Kedah

30 October, 2020

Both parties will negotiate and endeavour to enter into a joint venture (JV) to develop affordable homes over 230 acres of land in Kuala Muda, Kedah Darul Aman.

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EcoWorld asks for more time to consider proposed merger with UEM Sunrise

30 October, 2020

"The board has requested until Jan 2, 2021 to respond with a decision to UEM Group to coincide with the date requested by UEM Sunrise," EcoWorld said in a bourse filing today.

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Malaysian cinemas to temporarily suspend operations from November

30 October, 2020

This is also compounded by a lack of new movie releases in the short term.

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news

MoH increases bed capacity in Covid-19 hospitals, quarantine centres

30 October, 2020

The ministry has a total of 16,060 beds compared to 11,076 beds on Oct 17. This comprised 3,825 beds at hospitals and 12,235 beds at quarantine and low-risk treatment centres, according to MoH director-general Tan Sri Dr Noor Hisham Abdullah via his Twitter account.

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Follow King’s advice and hold urgent talks with us on Budget 2021, PH tells Muhyiddin

30 October, 2020

PH said the council agreed with the King that it is important for the contents of the Budget to be discussed with the Opposition. 

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news

There are fears Nipah virus could become more transmissible — experts

30 October, 2020

Nipah virus was first identified in 1999 after an outbreak in pigs that went on to infect nearly 300 people in contact with the pigs.

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news

FGV expects compensation from LLA termination to be between RM3.5b and RM4.3b

29 October, 2020

FGV reiterated that it has yet to receive a written notice from Felda regarding the termination of the LLA. 

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