E&O says Tee Eng Ho redesignated as executive chairman

KUALA LUMPUR (May 12): Eastern & Oriental Bhd (E&O) announced today Datuk Tee Eng Ho’s redesignation as the property developer’s chairman from director previously besides other board members’ resignations due to the takeover offer by Amazing Parade Sdn Bhd, in which Tee has a stake.

READ MORE

One year after MCO 1.0, 71% PPR folks still need consistent cash aid — UN study

KUALA LUMPUR (May 11): Cash transfers from the government shored up the average income of some of the country’s poorest urban households above 2019 levels in March but 71% say they still need financial aid in the coming months and 60% still could not buy enough food for their families, the fourth and final instalment of a study commissioned by two United Nations (UN) agencies showed.

READ MORE