News by THEEDGEMARKETS.COM

The rights issue of up to 746.62 million shares will be issued on the basis four rights shares for every one existing share held on an entitlement date to be announced later, the property developer said

The purchase consideration comprises RM1.63 million cash and the issuance of 228.5 million new EcoFirst shares at 35 sen apiece or RM79.97 million, the group said in a statement.

"While the industry endeavours to fill those vacancies with locals, foreign workers are usually employed to fill up general operator-level jobs which employers are finding difficulty to be filled by locals due to the nature of the job or industry and job expectations of locals."

Sarawak topped the list with most new infections at 332, followed by Selangor (294) and Johor (102).

The company said its wholly-owned subsidiary Parkwood Developments Sdn Bhd as the development manager, will provide development management services for 60 months from the date of the sale and purchase agreement between Triangle Asia and Idam Jernih Sdn Bhd

Chief executive officer, Ung Su Ling, had earlier claimed that the directions to transfer the disputed sum of RM42 million of SRC International Sdn Bhd funds came from the former premier's principal private secretary, the late Datuk Azlin Alias.

The report by the job and recruitment agency released yesterday noted that while the pandemic and the resulting economic downturn have had a significant impact across the Asia Pacific, including Malaysia, optimism is already starting to show, with about 33% of companies in the country looking to increase their headcount and 40% to maintain status quo in 2021.

Tan Sri Mohamed Apandi Ali: I never lobbied to be the AG; I was a Federal Court judge looking for retirement but then I was appointed as the AG. And this was the sacrifice I made.

Najib's appeal is being held at the Court of Appeal 1 while journalists are placed at the conference room. The separation was enforced as part of Covid-19 precautions.

In a statement, Ageson said the survey had certified that only RM2.8 million worth of preliminary work and RM8.6 million of piling works had been done as at Nov 22, 2017.