News by Adam Aziz

In a filing yesterday, Solarvest said its wholly-owned unit Solarvest Energy Sdn Bhd has entered into an agreement with NESS for the provision of engineering, procurement, construction, installation, testing and commissioning of the solar PV system.

In a circular to CN Asia shareholders today, Asia Equity Research said the purchase consideration is fair as the deal was made on a willing buyer-willing seller basis.

In a statement today, Sime Darby said its wholly-owned subsidiaries, Sime Darby Allied Products Bhd and Sime Darby Holdings Bhd, have entered into conditional agreements with Tesco Holdings BV and Tesco Plc, as well as the buyer of the stake, CP Retail Development Company Ltd.

In a filing today, Tadmax said its unit, Tadmax Indah Power Sdn Bhd, has signed a conditional share sale agreement (SSA) with Kepco for the disposal of a 25% stake in Pulau Indah Power Plant Sdn Bhd (PIPP), which owns the 1,200MW power plant project.

So far, the cluster comprises 43 people who were found positive for Covid-19 on their return on April 16; 34 of them have been quarantined in Melaka, while nine have been isolated in Kuala Lumpur and Putrajaya.

This is the fourth time that Malaysia has reported only double-digit figures for daily new infections since the Movement Control Order was enforced on March 18 — all of which occurred in the last five days.

In a statement to clarify the BPN payout, the Inland Revenue Board said that recipients who received the handout without registration have been vetted automatically based on individual income assessment data for the year 2018 or the Cost of Living Aid (BSH) database.

The EMCO involves around 6,000 residents in 365 residential and commercial units in the buildings, and takes effect from today (April 7) until all residents are screened, Ismail said.

Tax breaks for landlords that give rental discounts or exemptions to SMEs

This is as the nation recorded another 150 new patients, pushing the tally to 2,470.