News by THEEDGEMARKETS.COM

Revenue surged to RM137.66 million in the third quarter ended March 31, 2021 from RM31.68 million.

The group’s revenue also grew 41.91% to RM159.5 million, from RM112.4 million a year ago. 

“Continue with the MCO 2.0 model to allow the economic sectors to operate but institute stricter SOPs to bring down the infection rates quickly."

“The overall duration of the project is 16 months and works are expected to commence in August 2021."

As at 11.59am, the counter surged 29.31% or 34 sen to RM1.50, giving it a market capitalisation of RM327.72 million.

The prosecution has failed to prove the monies were obtained from illegal activities. 

Amcham Chief Executive Officer (CEO) Siobhan Das said such an approach does not take into account the lessons learnt and infrastructure put in place since last year, and would have an immediate negative impact on the already hard-hit local economy

SME Malaysia: If the same type of measures that were enacted during MCO1.0 are exacted in MCO 3.0, more than 40% of SMEs will be in dire financial straits and two million jobs will be lost

Sunway REIT CEO Datuk Jeffrey Ng said the trust maintains a cautious outlook for the remaining of the year, adding that the acceleration of mass vaccination rollout is crucial in containing the infection rate to enable the economy to recover.

Higher sales and progress billings across key projects in the Klang Valley and the southern region, however, managed to lift its quarterly revenue by 68.5% year-on-year to RM240.53 million from RM142.73 million.