News by THEEDGEMARKETS.COM

"Whilst most of our overseas hotels suffering (the) same fate, some like Iceland have bounced back very quickly due to (Covid-19-driven) quarantine restrictions being removed," said Berjaya Corp Bhd CEO Abdul Jalil Abdul Rasheed

Justice Datuk Zabidin Md Diah said the High Court cannot rule that a portion of the passage in the book The Sarawak Report: The Inside Story of the 1MDB Exposé will be the subject of a trial, while the three other passages were left out.

Earlier, from June 8 to 22, the group sold 8.3 million treasury shares at between 20.5 sen and 22.5 sen to pocket RM1.79 million, while from April 2 to 21, it disposed of 8.5 million treasury shares at between 23.5 sen and 27.5 sen for a total of RM2.14 million.

NFO outlets were ordered to close temporarily with the implementation of the third movement control order (MCO 3.0) that commenced on June 1.

“It is less assuring for investors and market confidence for the prime minister and the finance minister to be from the same political party. This is given that the financial scandals associated with the party remain unresolved,” said Dr Yeah Kim Leng, senior fellow at the Jeffrey Cheah Institute of Southeast Asia

A total of 18.48 million people or 56.6% of the nation’s population had received at least the first dose, including 13.32 million or 40.8% who were fully inoculated.

Justice Datuk Ahmad Kamal Md Shahid said he will deliberate on the matter before delivering his decision by way of email to the parties. 

The leasehold land measuring 38,451 square metres comes with a development order and building plan approval for two 22-storey blocks of apartment comprising 479 units.

The Klang Valley reported a total of 5,231 infections today. Selangor and Kuala Lumpur, which are part of the region, reported the lowest numbers of infections in 34 days.

While Kuala Lumpur and Selangor remain in Phase 1 of the NRP, more restrictions were loosened on business operations and social activities recently.