Air fares expected to return to normal by November — transport minister

KUALA LUMPUR (July 21): The Malaysian Aviation Commission (Mavcom) expects airfares on domestic routes to return to 2019 levels by November this year as available seating capacity is projected to return to normal, subject to the development of the Covid-19 pandemic, said Transport Minister Datuk Seri Dr Wee Ka Siong (pictured).

READ MORE

Yi-Lai denies RM100m property purchase

KUALA LUMPUR (July 21): Yi-Lai Bhd has denied that it entered into any written or oral agreement to acquire three properties for RM100 million, and this morning trading of its shares was suspended for one hour from 9am to 10am.

READ MORE

Zecon gets shareholder nod for rights issue

KUALA LUMPUR (July 21): Zecon Bhd has received approval from its shareholders for its proposed rights issue to address its current funding requirements to meet its short-term obligations and liabilities, as well as strengthen its financial position.

READ MORE