Tourism-linked stocks hit hard by Wuhan virus

KUALA LUMPUR (Feb 3): To say Malaysia’s much anticipated Visit Malaysia Year 2020 (VMY2020) is not off to a good start is probably an understatement, what with the severe blow dealt to the tourism industry by the Wuhan virus, now a global health emergency that has caused the death of over 300 and infected over 14,000 worldwide since the start of the outbreak at end-December.

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Chiau sees potential in Chin Hin Group Property

PETALING JAYA (Feb 1): Low-profile businessman and investor Datuk Seri Chiau Beng Teik sees a lot of potential in property firm Chin Hin Group Property Bhd (CHGP) and wants to demonstrate his commitment to the company to the investing public, The Edge Malaysia reported today.

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Giant to exit Sabah and Sarawak

PETALING JAYA (Feb 1): GCH Retail (M) Sdn Bhd, which operates Giant, Cold Storage, Mercato and Jason’s branded hypermarkets and supermarkets, will exit Sabah and Sarawak within the next couple of months as part of the reorganisation of its operations, The Edge Malaysia reported today.

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Differences between JMB and MC: 5 things you should know

The general understanding is that both the Joint Management Body (JMB) and Management Corporation (MC) are entrusted with the powers and responsibilities to manage common areas of stratified developments, enforce by-laws and collect maintenance charges and contributions to the sinking fund and others.

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