Covid-19: New cases dip to five today, none from clusters
KUALA LUMPUR (Aug 27): Malaysia has registered five new Covid-19 cases and 16 new recoveries as of noon today.
RM50m impairment pushes UEM Edgenta into the red in 2Q
KUALA LUMPUR (Aug 27): UEM Edgenta Bhd fell into the red in the second quarter ended June 30, 2020 (2QFY20) with a net loss of RM26.
MB World share trade to be suspended on Sept 2
KUALA LUMPUR (Aug 26): MB World Group Bhd's share trade will be suspended from 9am next Wednesday (Sept 2) as the joint offerors under the takeover offer for the property developer have collectively held more than 90% its shares and they do not intend to maintain the listing status of MB World on Bursa Malaysia's Main Market.
Lagenda Properties buys land in Tapah from UEM Sunrise for affordable housing project
KUALA LUMPUR (Aug 26): Lagenda Properties Bhd, formerly known as DBE Gurney Resources Bhd, is buying five parcels of leasehold agriculture land in Tapah, Perak that it plans to develop into an affordable housing township.
No new cases detected in Tawar cluster
KUALA LUMPUR (Aug 24): There are no new Covid-19 cases detected in the Tawar cluster, according to Health director-general Tan Sri Dr Noor Hisham Abdullah.
MTUC president wants labour ratio of 10 locals to a foreigner
PETALING JAYA (Aug 22): Malaysian Trades Union Congress (MTUC) president Abdul Halim Mansor wants the government to “enforce a ratio of locals to foreigners that’s 10-1” in the work force, FMT reported today.
Cross default unlikely in Genting group as Genting HK suspends payments to lenders
KUALA LUMPUR (Aug 21): News on Genting Hong Kong Ltd (Gent HK) opting to suspend payments to all creditors to preserve cash is expected to trigger a knee-jerk reaction to the share prices of its sister companies — Genting Bhd and Genting Malaysia Bhd (GENTM) on Bursa Malaysia, although the duo do not hold any equity stake in the Hong Kong-listed cruise operator.
Malaysia's new Covid-19 cases rise to 16, mostly from Tawar and Sala clusters
KUALA LUMPUR (Aug 19): New Covid-19 cases in Malaysia rose to 16 — from seven reported yesterday — with the majority of them coming from the Sala and Tawar clusters that originated in Kedah.
Malaysia reports seven new Covid-19 infections as active cases fall below 200-mark
KUALA LUMPUR (Aug 18): Malaysia saw seven new Covid-19 infections as of noon today after reporting cases in the double-digit in the previous six days.
UEM Sunrise launches 'The Happy Chase Gameshow'
KUALA LUMPUR (Aug 18): UEM Sunrise Bhd launched “The Happy Chase Gameshow” contest on Aug 14.
