News by theedgemarkets.com

They include consumer electronics player Panasonic Manufacturing Malaysia Bhd, condom manufacturer Karex Bhd, and electronics manufacturing service provider ATA IMS Bhd.

Karex said the affected catheter facility is closed temporarily for disinfection and sanitisation processes and is expected to resume operations in stages beginning Dec 25.

Following this surge of new cases, the current number of active cases — meaning those who carry high transmission risks — breached the 16,000 mark for the first time with 16,496.

“The safety and well-being of our workers and employees as well as our community is of our utmost priority towards containing the situation. We have and will continue to adhere to the Covid-19 preventive standard operating procedures (SOPs) on a stringent basis,” said Panasonic.

He is sentenced to 12 months' jail and a fine of RM2 million, or in default six months' jail. But the High Court granted him a stay of execution of both sentences. He is expected to file an appeal.

“KSK Land is positive on the post-pandemic outlook for the hospitality industry, where long-lasting brand prestige and value of luxury hotels such as Kempinski will still prevail among discerning travellers. Travel and tourism will see a recovery and rebound by then when the 8 Conlay Kempinski Hotel & Residences is completed in 2023,” said KSK Group chief executive officer (CEO) and KSK Land managing director Joanne Kua in a press release today.

In delivering his verdict, High Court Justice Mohamed Zaini Mazlan said the prosecution had proven its case beyond reasonable doubt.

Selangor continued to lead with the highest number of infections with 441 reported today.

High Court Justice Mohamed Zaini will deliver his verdict on whether he is guilty of the charge of RM2 million graft charge or acquit him.

There were also 998 new recoveries today, bringing total recoveries to 76,242 or 82.9% of overall infections.