News by theedgemarkets.com

Prime Minister, Tan Sri Muhyiddin Yassin, Targeted Enhanced Movement Control Order, TEMCO, SOPs

Kedah topped the list of states with the highest infections at 397, followed by Sabah at 219.

The IO, Noornabilah Mohd Aziman, told the High Court that she lodged a report against Rosmah on Nov 9, 2018. During cross-examination by Rosmah's counsel, Datuk Akberdin Abdul Kader, she said the MACC first investigated a complaint against Rizal, before turning to Rosmah.

He has also resigned as a director of the group, the property developer said in a stock exchange filing today. The reason for the resignation is health related, it said. 

Socio-Economic Research Centre (SERC) executive director Lee Heng Guie: It is too early for the central bank to re-start the cutting of rates. BNM will likely hold it unchanged unless the development of the virus worsens.

Deputy public prosecutor Muhammad Iskandar Ahmad told the High Court they will prove that she had misappropriated these funds meant for the government which she received in her capacity as director-general of the Research Division of the Prime Minister's Department.

The application for the adjournment was made separately by the Sabah attorney-general office, and also Musa's rival and Parti Warisan Sabah president, Datuk Seri Shafie Apdal.

In a note today, analyst Lum Joe Shen said the deal is slightly more of a positive for UEM Sunrise as it stands to gain from EcoWorld’s strengths in marketing and township planning that could help boost sales, while also reducing earnings volatility from UEM Sunrise’s lumpy overseas contributions.

This is also the fifth straight day that Malaysia has reported triple-digit number of new infections since the start of this month, with 260 cases on Oct 1.  

AmInvestment Bank Research has maintained its ‘buy’ call on flexible plastic packaging manufacturer Scientex Bhd with a higher fair value of RM12.69 per share (from RM10.74 per share) based on sum-of-parts valuation.