Sime Darby open to selling E&O stake, says CEO
“The answer is yes if we get a good offer,” group CEO Datuk Jeffri Salim Davidson said at a press conference today on Sime Darby’s latest quarterly results.
“The answer is yes if we get a good offer,” group CEO Datuk Jeffri Salim Davidson said at a press conference today on Sime Darby’s latest quarterly results.
Adding to the woes, the casino operator recognised a loss of RM100.1 million relating to its stake in financially stressed Empire Resorts Inc, a casino it acquired from controlling shareholder Tan Sri Lim Kok Thay last year.
Such fee waivers and discounts are not viable as any adjustments in fee collection or sinking funds will need the approval of property owners via an AGM or EGM
This comes after the Federal Court today refused to grant leave to an application to appeal against the COA's ruling in the Menara Rajawali case.
The Court of Appeal (COA) had decided on Oct 4, 2019 that the Joint Management Body (JMB) of the mixed development is required to fix a single rate of maintenance fees for all the parcels in the project. The COA’s ruling overturned a High Court decision earlier that JMBs are allowed to set different maintenance fee rates for different parcels in a mixed development.
“It aims to assist the government with contact tracing and complies with all the standard operating procedures set by the Health Ministry.”
The report said Dr Dustin Pfundheller's first video commending Malaysia for measures taken to tackle the outbreak was published on May 9 has been shared at least 56,000 times on Facebook and a lot more times on other social media platforms.
However, many have stubbornly ignored this warning by cooking up all sorts of excuses to return to their hometowns, especially for the upcoming Aidilfitri celebrations.
Rented for: RM6,600 (RM4.40 psf); Concluded by: Carol Tong (REN 34423, 014-683 2968) of Kith and Kin Realty Sdn Bhd; When: January 2020
This was achieved on a higher total trust income of RM54.77 million, up 1.9% from the corresponding period of last year, it said in a filing with Bursa Malaysia yesterday.