News by theedgemarkets.com

A total of 1,129 persons were recorded as having recovered from Covid-19 today.

Former 1MDB CEO Mohd Hazem Abdul Rahman: I realised that this company would be used as a political vehicle to raise funds.

While 2020 has been a difficult year due to the Covid-19 pandemic, Savills Malaysia expects new norms to continue in 2021 and all businesses will have to continue to deal with the evolving market trends. It sees opportunities amid these changing markets.

Hazem said: "I cannot fully comment on this."

The diversified company's premises at the ninth floor of Maju Tower will be closed for three days from today (Jan 6) to Friday (Jan 8).

Justice Datuk Muhammad Jamil Hussin decided to maintain the dates after Najib's lead counsel Tan Sri Muhammad Shafee Abdullah confirmed that the dates were still suitable, but inquired whether the court still wanted to deliberate over whether it would hear the case or not as the 1MDB-Tanore trial is not expected to end by then.

MRLSB chairman Tan Sri Mohd Zuki Ali said from the implementation of the project from 2017 until Nov 30, 2020, a total of RM3.39 billion worth of ECRL work contracts (including permanent and temporary civil works) had been awarded to almost 2,000 local companies comprising contractors, suppliers and consultants.

Selangor once again posted the most number of new cases with another 509 reported today; Johor came in second with 428 new cases, followed by Sabah with 383 cases and Kuala Lumpur with 313 cases.

“Qra, backed and led by one of the co-founders of Ben’s Independent Grocers (BiG) — David [Tseng] — is slated to open its doors this month,” one source said. 

The group said its indirect subsidiary Kii Melodia Sdn Bhd had agreed to acquire the land from Seri Alam Properties Sdn Bhd, the developer of the Seri Alam township and a subsidiary of United Malayan Land Bhd.