"This flexibility to the principal dealers is available until March 31, 2021. These combined measures will release approximately RM30 billion worth of liquidity into the banking system."
"A two-week stop-work order on all construction works nationwide (under the MCO) is likely to be effected and commence on March 18. This will be negative for property developers and pure contractors.”
The six consecutive days of drop has wiped off RM16.62 billion market capitalisation from Public Bank.
Jetson Construction Sdn Bhd has accepted the contract, which is expected to be completed by June 30, 2021.
Vortex expects to complete the proposed disposal in the first quarter of the financial year ending March 31, 2021.
From the private sector, members of the council consist of The Edge Media Group chairman Datuk Tong Kooi Ong, MERCY Malaysia director Tan Sri Dr Jemilah Mahmood, Celcom Axiata Bhd group chairman Tan Sri Jamaluddin Ibrahim, Westports Malaysia Bhd chairman Tan Sri Gnanalingam and Sunway Bhd chairman Tan Sri Jeffrey Cheah.
“We had 114 seats in the past but now the number is decreasing. Hence, a vote of no confidence may not be successful.”
OCR did not mention the reason for the cancellation of the agreement in its filing with Bursa Malaysia today.
He has over 20 years of experience in the financial services sector and has served as chief executive officer for Maybank Investment Bank Bhd and Maybank Kim Eng Holdings prior to joining CIMB.
"... the research house had upgraded its call on IJM to 'hold' from 'sell' ..."
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