AMMB and AmIslamic seek to strike out Najib's suit
AmBank Islamic and AMMB filed the striking-out motion earlier this month before March 2.
COVID-19: 172 new confirmed infections with 1,796 cases in total as of noon, says Muhyiddin
The Movement Control Order (MCO) has been extended to April 14.
Death toll from COVID-19 in Malaysia rises to 17
In his Facebook posting, Noor Hisham said the 66-year-old man who passed away at 4.10am this morning was also suffering from several chronic diseases.
Malaysia will face recession if partial lockdown extended, MIER warns
It also calls on the government to allocate RM75 billion more to cushion virus' impact.
BNM likely to introduce additional relief measures for borrowers
"... the Net Stable Funding Requirement (lowered to 80%) and the Liquidity Coverage Ratio (LCR, below 100%) for banks could be relaxed."
BNM allows banks to tap into capital buffers amid COVID-19
“The banking system is facing these challenges from a position of strength, with excess capital buffers above the minimum regulatory requirement of RM119.7 billion as at end January 2020,” said BNM.
LBS Bina shares up 14% after Top Glove founder emerges as substantial shareholder
At 9.40am, LBS Bina pared some gains to trade at 38.5 sen, still up 10%, bringing a market capitalisation of RM530.18 million. The group saw some 492,600 shares traded.
Lee Koon Weng emerges as substantial shareholder of Meridian
In a bourse filing yesterday, Meridian said post-acquisition, Lee now holds 31.68 million shares or a 5.47% stake in the company.
BNM announces automatic six-month moratorium on all bank loans, but not credit card balances
“Banking institutions will grant an automatic moratorium on all loan/financing repayments/payments, principal and interest (except for credit card balances) by individuals and SME borrowers/customers for a period of six months from April 1, 2020.”
Mulpha warns its hotel and education units to be 'materially impacted' by COVID-19
"This impact is expected to be most severe in our hotel assets, where occupancies are expected to reduce substantially and closure may be necessary, while restrictions remain in place."
