Hotels see booking cancellations as Covid-19 cases spike
KUALA LUMPUR (Oct 10): Things are looking gloomy again for hotels as stays and events are being cancelled in light of the spike in Covid-19 cases.
KUALA LUMPUR (Oct 10): Things are looking gloomy again for hotels as stays and events are being cancelled in light of the spike in Covid-19 cases.
KUALA LUMPUR (Aug 21): Casino and hotel operator Genting Bhd's share price fell more than 4% to become the worst-hit entity among the FBM KLCI's 30 stocks at Bursa Malaysia's afternoon break today after cruise ship operator Genting Hong Kong Ltd said on Wednesday (Aug 19) the company should temporarily suspend all payments to creditors to preserve liquidity.
KUALA LUMPUR (July 29): Hap Seng Consolidated Bhd is developing its first flagship industrial park which will be completed in the first quarter of 2021.
IPOH (July 28): Perak plans to revive hotels that closed down due to poor business during the movement control order (MCO) by using them as Covid-19 quarantine facilities, reported The Malay Mail today.
KUALA LUMPUR (July 23): Careplus Group Bhd is buying a 90% stake in a property development firm for RM3.
KUALA LUMPUR (July 17): We have gone for our Cuti-cuti Malaysia vacations as cross state boundaries reopened with the Recovery Movement Control Order and it looks like Singaporeans have the same idea for their own version of a domestic holiday as some of their hotels are allowed to reopen.
KUALA LUMPUR (July 16): Ireka Corp Bhd has signed definitive agreements with London Stock Exchange-listed Aseana Properties Ltd to undertake a demerger exercise which involves separating the interests of Ireka Group from Aseana, where the former held a 23% stake in Aseana.
KUALA LUMPUR (July 11): Bina Puri Holdings Bhd plans to place out new shares — up to 10% of its enlarged issued share capital — to independent third-party investors to be identified later, to raise up to RM9.
KUALA LUMPUR (July 7): The Malaysian Association of Hotels (MAH) today launched the first ever industry-wide hygiene and safety label in the country amidst the Covid-19 pandemic.
KUALA LUMPUR (July 4): Indian-based OYO Hotels & Homes is experiencing an improvement in its business with the opening up of the local economy post Movement Control Order (MCO), reported The Edge Malaysia.