News by theedgemarkets.com

Health director-general Datuk Dr Noor Hisham Abdullah said out of the 57 new cases, 10 were imported while 47 were local.  Of the 47 local cases, 43 involved non-Malaysians while four were Malaysians.

Its offices, construction sites and property sales galleries had been closed in compliance with the movement control order (MCO) that was effective from March 18, 2020, although the marketing of properties continued to be conducted digitally, the company said.

Under the property division, Hap Seng expects the property market sentiment to soften further as cautiousness in consumers’ spending is anticipated to heighten, amid the Covid-19 outbreak and the uncertainties of its aftermath. Nevertheless, the division is cautiously optimistic of the affordable residential property market due to the accommodative monetary environment.

On prospects, PPB said the present challenging operating environment will affect the group's film exhibition and distribution and property segments. Its other main business segments, however, are expected to perform satisfactorily, it said.

Mah Sing is strengthening its digitalization initiatives by accelerating capabilities to market products digitally.

In a bourse filing today, the group said its earnings per share also fell to 3.71 sen from 4.40 sen.

This follows the party organising secretary not possessing any executive power to make the arbitrary decision or deal personally with matters relating to the party constitution.

The commencement of work is in two phases, which will be from May 27, 2020 and Aug 27, 2020 respectively, according to its filing to Bursa Malaysia yesterday.

Its property development segment's profit jumped more than three times to RM23.17 million from RM6.84 million previously, as it recognised proceeds from the sale of the Pavilion Bukit Jalil Mall and progressive sale of its Kota Kinabalu Crown development units. It also recognised progressive billings from Phase 2 Park Residence.

This is according to a letter issued by Bersatu's working secretary Captain (Rtd) Muhammad Suhaimi Yahya to Dr Mahathir, which has been circulated online.