Be cautious of bad indoor air quality post-MCO, says expert
PETALING JAYA (May 22): The Movement Control Order (MCO) that was implemented from March 18 to May 3 meant non-essential businesses and services could not operate throughout the duration.
Covid-19: Stricter SOPs needed for short term rentals
PETALING JAYA (May 22): More stringent Standard Operating Procedures (SOP)s for short term rental operations in strata buildings are needed to prevent the spread of diseases such as the Covid-19, said Henry Butcher Mont’ Kiara executive director Low Hon Keong.
Not OK to waive maintenance fees in light of Covid-19
PETALING JAYA (May 22): Many strata property owners may have sought waivers or discounts on maintenance fees since the Covid-19 outbreak and the ensuing Movement Control Order (MCO) period but 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, said Chur Associates founder and managing partner Chris Tan.
CMMT’s 1Q NPI falls on lower rental income amid MCO
KUALA LUMPUR (May 21): Capitaland Malaysia Mall Trust (CMMT) said its earnings in the first quarter ended March 31, 2020 was affected by lower rental income from its shopping malls, following the implementation of the movement control order (MCO).
Covid-19 closures push Genting into the red with RM133m quarterly loss
KUALA LUMPUR (May 21): Following the temporary closure of the group’s resorts and casinos worldwide due to the Covid-19 outbreak, Genting Bhd sank into the red with a net loss of RM133.
Genting Malaysia slashes headcount when chips are down
KUALA LUMPUR (May 21): Genting Malaysia Bhd is believed to have announced to its employees that the casino group needs to undertake an unprecedented sizable retrenchment exercise, according to sources.
Genting Malaysia loses RM417.9m in 1QFY20
KUALA LUMPUR (May 21): Severely affected by the Covid-19 pandemic, Genting Malaysia Bhd posted a net loss of RM417.
SunCon’s 1Q net profit falls 47% on MCO impact, but group optimistic on prospects
KUALA LUMPUR (May 21): Sunway Construction Group Bhd’s (SunCon) first quarter net profit fell 47% year-on-year to RM16.
Churches to remain closed until MCO lifted: Council of Churches Malaysia
KUALA LUMPUR (May 21): The Council of Churches of Malaysia (CCM) has responded to the partial opening of non-Muslim places of worship on June 10 by saying that the group has decided to continue to keep churches closed until the movement control order (MCO) is lifted, Malaysiakini reported today.
