News by THEEDGEMARKETS.COM

"The multiplier effects will ensure positive social results and add value to the economy as a whole."

The dispute involves a 106.7ha land along Jalan Duta

In total, 6.55 million Covid-19 vaccine doses had been administered since the beginning of the vaccine roll-out in March, with 1.81 million people fully vaccinated. So far, 14.5% of the Malaysian population had at least received their first dose.

In a joint press release today, it was noted that OCBC Bank will review the alignment of Sunway REIT’s overall sustainability agenda, encompassing its environmental, social and governance (ESG) initiatives in accordance with sustainable financing principles developed by capital market regulators such as the ASEAN Capital Markets Forum (ACMF) and the International Capital Market Association (ICMA).

Publisher and chief executive officer (CEO) Datuk Ho Kay Tat said the vaccination bonus is part of the group's initiative to support the national vaccination programme to combat the Covid-19 pandemic.

The company said in a filing with Bursa Malaysia that its unit OCRSB is seeking to claim for approximately RM24 million due to the losses and damages caused by Kencana Amanjaya Sdn Bhd for the delayed works. The contract, worth RM110.39 million was awarded to KASB on May 15, 2019.

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.

The proposed private placement will involve the issuance of up to 6.33 million ARK shares.

Cumulatively, Covid-19 infections in the country stood at 711,006

The second phase of the project (KVDT2) is still in the process of retendering by the Transport Ministry.