Sime Darby open to selling E&O stake, says CEO
KUALA LUMPUR (May 21): Sime Darby Bhd said it is willing to part with its stake in Eastern and Oriental Bhd (E&O) if it can secure the right price.
Malaysia will look for ways to access Remdesivir if antiviral drug proven effective against Covid-19
KUALA LUMPUR (May 21): Malaysia will look for ways to get access to Remdesivir if the antiviral drug is proven effective against Covid-19, says health director-general Datuk Dr Noor Hisham Abdullah.
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.
Sime Darby Prop 1Q profit down on lower property development income, higher finance costs
KUALA LUMPUR (May 21): Sime Darby Property Bhd’s net profit for the first quarter ended March 31, 2020 (1QFY20) plunged 95% to RM14.
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.
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JMBs will need to comply with flat rate maintenance fee ruling
PETALING JAYA (May 21): In light of the Federal Court's decision today to dismiss an application to appeal a Court of Appeal (COA) ruling on flat rate maintenance charge for mixed strata developments, the Malaysia Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin has advised Joint Management Bodies (JMBs) of such developments that are charging different maintenance rates for different parcels, to comply with the ruling.
Covid-19: 34 of 50 new cases today linked to new KL cluster
KUALA LUMPUR (May 21): Malaysia’s Covid-19 new cases jumped to 50 today, of which 47 were local transmissions, while three were imported cases, according to the Ministry of Health (MoH).
Rehda Malaysia marks 50th anniversary today
PETALING JAYA (May 21): The Real Estate and Housing Developers’ Association (Rehda) Malaysia celebrates its 50th anniversary today, signifying half a century of property development representation.
Shahrol says he can't comment on whether Najib was involved in PSOSL deal
KUALA LUMPUR (May 21): Former 1MDB CEO Datuk Shahrol Azral Ibrahim Halmi told the High Court today that he could not comment on whether former prime minister Datuk Seri Najib Abdul Razak was involved in the dealings between the troubled fund and PetroSaudi International Ltd (PSI).
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.
