Johor Bahru MP Akmal Nasir: The interest and the principal would still need to be paid. Many are asking what the minister meant by the losses faced by the banks. Was the minister referring to postponed earnings?

In relation to RM42 million belonging to SRC International Sdn Bhd

Health director-general Datuk Dr Noor Hisham Abdullah said such screenings can help prevent the spread of Covid-19 infections in flights.

Datuk Dr Noor Hisham Abdullah: “(A Covid-19) pandemic? Probably yes, if Malaysians do not adhere to the SOP. Preventive measures are more important.

In a filing ysesterday, Parkson said Parkson Haipong and the buyer, Thuy Dong Construction & Trading Joint Stock Co, took into account the market valuation of US$9.5 million on the property in arriving at the US$10 million (S$13.1 million) purchase consideration.

While office space is still necessary for most organisations, the resizing measures taken by some companies and reduction in office demand are likely to result in downward pressure on rentals and occupancy rates in the short-term.

Over the six-month moratorium period, total losses are expected to reach RM6.4 billion, equivalent to the reduction in the banks’ capacity to disburse new loans worth RM79 billion whether to the people or to borrowers.

The consultancy firm reckoned that there will be heightened risk of loan defaults as unemployment is on the rise and without significant economic improvement.

The land parcels, measuring between 102 and 168 sq m, are located in Alor Setar, Kedah and have a combined market value of RM3.65 million.

These projects are in Dengkil in Negeri Sembilan, Bandar Puncak Alam in Selangor, Batu Pahat in Johor, Cameron Highlands and Genting Highlands in Pahang.