News by Ahmad Naqib Idris

The group said it signed an offer letter with Frazel Luxe Sdn Bhd (formerly Frasers Luxe Sdn Bhd) today to acquire the 3.33ha freehold land situated on Jalan Kuchai.

All employees have been allowed to resume work with effect from Jan 30, 2021.

GenM did not specify the reasons behind the liquidation of SLIUC.

PLS said the private placement, which includes share placements to other independent third party investors, will also enable the company to raise funds to partially repay the group’s bank borrowings which stood at approximately RM121.48 million as at Dec 31, 2020.

... to reduce its “reliance solely on the mechanical and electrical (M&E) engineering business”.

In a statement, the White House said the pardon for Broidy, a former fundraiser for Trump, was supported by 21 individuals. It also said Broidy is “well known for his numerous philanthropic efforts including on behalf of law enforcement, the military and veterans programs, and the Jewish community".

“The overall outlook remains subject to downside risks."

“In general, the PERMAI assistance package improves on the existing ongoing initiatives and also accelerates the implementation of related initiatives.”

Selangor continued to lead in terms of the number of new infections, as it contributed 1,314 of the new cases today.

MyBHA suggested that the government introduce an automatic loan moratorium scheme for those affected.