News by Ahmad Naqib Idris

Strattner Alternative Credit Fund is part of US-listed Strattner Group Corp, which is involved in alternative investments.

DOSM chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the 2020 domestic tourism spending figure was the first drop since 2008 when DOSM started to compile its domestic tourism survey statistics

Attorney-General Tan Sri Idrus Harun said Articles 40 (1) and (1A) of the Federal Constitution provide that the King shall receive and act on the advice of the Cabinet or the advice of a minister acting under the general authority of the Cabinet.

The group plans to list the healthcare unit within the next six to eight years, after considering that most of the hospitals that it intends to build will require three to four years to complete, according to Sunway chief financial officer Chong Chang Choong.

... as a way to consider suggestions from those not in government in addressing the social, economic, political and other issues brought about by the Covid-19 pandemic.

In a statement today, the fund said it registered RM14.28 billion in equities income for the quarter, accounting for 74% of total gross investment income, while fixed income continued to contribute a stable income of RM3.92 billion

The group had previously inked two sale and purchase agreements (SPA 1 and SPA 2) to acquire the 20 pieces of land for RM944.62 million on April 5, which was to be satisfied via the issuance of 911.32 million irredeemable convertible preference shares (ICPS) at 85 sen apiece and RM10.59 million in cash.

Selangor continued to lead with a total of 2,477 cases reported, followed by Kuala Lumpur (616), Kelantan (612), Sarawak (533), and Negeri Sembilan (468).

98 deaths were reported, translating to a total death toll of 2,650

Tan Sri Dr Noor Hisham Abdullah said the R-nought (RO) may increase to 1.2 between May 29 and June 14, assuming that the standard operating procedures (SOPs) are not obeyed, versus the R0 rate of 1.15 yesterday