Highlights of the PEMERKASA+ aid package
The following are the key takeaways of the PEMERKASA+ aid package announced by Prime Minister Tan Sri Muhyiddin Yassin.
Vitrox unit buys land worth RM49m from Penang Development Corp
KUALA LUMPUR (May 31): Vitrox Corp Bhd (VCB) said its unit is buying land worth RM48.
MRCB’s quarterly profit falls 68% amid multiple construction site closures in 1Q
KUALA LUMPUR (May 31): Malaysian Resources Corp Bhd (MRCB)’s net profit for the first quarter ended March 31, 2021 (1QFY21) fell 67.
MITEC vaccination centre to begin mega-scale operations in June
KUALA LUMPUR (May 31): The vaccination centre (PPV) at the Malaysia International Trade and Exhibition Centre (MITEC) will operate on a mega scale by increasing its daily capacity to up to 8,000 vaccine recipients from June 7.
Judge to deliver decision on Najib's bid to obtain documents related to Goldman Sachs, Jho Low, Zeti's family on July 12
KUALA LUMPUR (May 31): The High Court has today fixed July 12 to deliver its decision on whether it will issue a court order to compel the prosecution to supply documents to former premier Datuk Seri Najib Razak's defence team, as part of his discovery application on Goldman Sachs-related matters and items in his 1Malaysia Development Bhd (1MDB)-Tanore trial.
Mah Sing's 1Q net profit increases to RM40.28m
KUALA LUMPUR (May 31): Property developer Mah Sing Group Bhd’s net profit rose by 40% year-on-year (y-o-y) to RM40.
Malaysia's new Covid-19 cases fall to 6,824; another 67 deaths reported
KUALA LUMPUR (May 31): Malaysia's new daily Covid-19 cases fell to 6,824, from 6,999 yesterday, bringing total number of cases to 572,357.
Six property associations urge government to list property management as essential sector
PETALING JAYA (May 31): Six property related associations in Malaysia have sent a joint memo to the National Security Council (MKN) and International Trade and Industry Ministry (MITI) to request for the property and facility management service as one of the essential sectors under Full Movement Control Order (FMCO).
Newsbreak: HOC stamp duty exemption scheme extended till end-2021
PETALING JAYA (May 31): The Ministry of Finance (MoF) has agreed to extend the residential home stamp duty exemption scheme under the Home Ownership Campaign (HOC) for six months to Dec 31, 2021.
Lawyer expresses concern filing of 1MDB civil suits may affect ongoing criminal trials
KUALA LUMPUR (May 31): Following the filing of 22 civil suits by 1Malaysia Development Bhd (1MDB) and its former subsidiary SRC International Sdn Bhd earlier this month before the lapse of its deadline, a lawyer has expressed concern that those cases may interfere with the ongoing criminal trials.
