News by theedgemarkets.com

World Bank senior economist Shakira Teh Sharifuddin said the growth next year would partly be driven by a low-base effect from 2020.

Hong Leong Investment Bank (HLIB) Research analyst Lim Ken Wern said in a note today that with the Home Ownership Campaign (HOC) ending on May 31 next year, developers will need to continue providing goodies in order to attract bookings.

The closure will be until Dec 21.

Malaysia reported 1,295 new Covid-19 cases today — with Selangor contributing the highest number of infections at 481 — which pushed the country's confirmed cumulative infections to 87,913.

Sabah recorded 268 cases, while Kuala Lumpur has 232 new infections

At a briefing today, Mah Sing executive director Datuk Steven Ng said the group is exploring the listing of its manufacturing division within the next five years. 

Only one site out of the group’s six locations, or 25% of its total output volume, was affected by the outbreak.

Analyst Loong Kok Wen: While we cannot confirm the above until the government makes its announcement, we think selective property stocks will likely see trading opportunities ahead.

High Court deputy registrar Norhatini Abd Hamid yesterday directed former PKR vice-president Zuraida to file her defence by Dec 31 following case management conducted via the High Court’s e-review yesterday. It was reported that PKR secretary-general Datuk Seri Saifuddin Nasution Ismail on Sept 28 initially filed the suit via law firm Messrs William Leong & Co against Zuraida.

BLand said its wholly owned subsidiary Berjaya Engineering Construction Sdn Bhd on Dec 14 entered into a sale and purchase agreement with Deru Klasik Sdn Bhd for the land acquisition.