News by theedgemarkets.com

Selangor — the second worst-hit state — has 503 cases, followed by Sabah with 260 infections

The vote ended with 111 MPs in favour and 108 MPs against the passing of the budget. One MP was absent out of the 220 members. The 111 votes represent a simple majority.

Yesterday, the group was slapped with a UMA query after its share price surged 31.3% or 18 sen to 76 sen.

The group said its wholly-owned subsidiary Econpile (M) Sdn Bhd was awarded the contract yesterday by MCC International Inc Ltd.

Hock Peng, along with his wife Puan Sri Goh Gaik Ewe, have left Malaysia since the change of government in May 2018.

Under the proposal, TAG shareholders are given the choice of either a cash offer of 28 sen per existing share held, or a share swap based on an exchange ratio of 0.4211 new ordinary shares in TAE to be issued at 66.5 sen each for every TAG share surrendered.

According to the takeover offer notice, attached to TAE’s filing with Bursa Malaysia yesterday, their collective shareholdings are based on the indicative enlarged issued share capital of TAE at 2.49 billion units. Based on TAE’s existing number of issued shares at 1.71 billion units, the 65.5 sen a share offer values it at about RM1.12 billion.

The project in Langkawi will have a premium outlet, an International Cultural and Tourism Village, a hotel, and food a beverage outlets, according to Bina Darulaman's stock exchange filing today. Perbadanan Kemajuan Negeri Kedah has a 67.28% stake in the company as of May 29, 2020.

Total active cases — which carry high transmission risks — rose to 13,830,

The government is seeking to recover 263 pieces of branded handbags, 40 pieces of branded watches, 27 pairs of branded shoes, cash in various denominations including some RM725,000, 26 Nissan Urvan vehicles, and a Nissan X-Trail.