Stricter MCO seen raising earnings disappointment risk, says CGS-CIMB

KUALA LUMPUR (May 24): CGS-CIMB Securities Sdn Bhd said today stricter rules under Malaysia’s current movement control order (MCO) to curb the spread of the Covid-19 pandemic may raise the risk of corporate earnings disappointment as the reenforcement of the MCO is likely to reduce manufacturers’ productivity and lower footfall at retail outlets.

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Mah Sing Healthcare secures business licences for glove exports

PETALING JAYA (May 24): Property developer Mah Sing Group Bhd’s wholly-owned unit Mah Sing Healthcare Sdn Bhd has received its business licence and other relevant licences/permits, and operation has commenced at its glove manufacturing factory in Kapar, Klang, said the developer.

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