News by Adam Aziz

Earnings per share dropped to 1.5 sen from 1.86 sen. 

JPMHL was involved in the operations of Maxcourt Hotel in Changchun, Jilin, China but the hotel had ceased operations since 2014 and is currently in liquidation.

The contract is for 18 months from Dec 1, 2021 until May 31, 2023. 

Property development profit, however, rose in the quarter, which the group attributed to the acquisition of a subsidiary, Maxitanah Sdn Bhd.

The property in question is Block 12, Corporate Park, Star Sentral @ Cyberjaya.

“The main worry is of course another wave of infections, especially after the coming festive seasons and holidays."

Finance Minister Tengku Datuk Seri Zafrul Aziz: There will be a special initiative to assist Bursa Malaysia-listed companies, which will see the injection of funds into companies that have been affected by the Covid-19 pandemic via a government-owned special purpose vehicle (SPV), in the form of equity or other related instruments

This is nearly 3% more than the RM322.5 billion announced for Budget 2021.

However, interstate and international travel is only permitted for those who have completed full vaccination, Prime Minister Datuk Seri Ismail Sabri Yaakob said

Daily recoveries meanwhile rose to 14,422, from 12,724 the day before, bringing total recoveries to 2,184,711 or 93.7% of total reported cases in the country