Covid-19: Malaysia records 10 new cases, eight of them imported
Active cases dropped to 151 from 177 reported yesterday, as 36 more Covid-19 patients recovered. This raised total recoveries to 9,030, representing a recovery rate of 97%.
UEM Edgenta keen to bid for HSR and RTS projects
Managing director and CEO Syahrunizam Samsudin: If there are areas where the tender meets our current capabilities we definitely will participate
Parkson posts bigger loss in 2Q, maintains positive outlook on Chinese market
The group said it maintains a positive outlook on the retail industry in China. With the effective control of the pandemic and the implementation of various measures to stimulate consumer spending, China's retail market has recovered gradually with consumer consumption picking up steadily.
Boustead books RM73.7m loss in 2Q despite better showing by plantation, pharma segments
The flattish bottom line comparison was supported by growth in its pharmaceutical business and plantation, while losses widened in three segments — property and industrial; heavy industries; and trading, finance and investment.
Genting declares dividend despite sharp 2Q losses
For the first half FY20, Genting posted a cumulative net loss of RM918.37 million against a net profit of RM1.16 billion a year ago.
Lim Kok Thay redesignated as Genting Malaysia deputy chairman
"Tan Sri Lim Kok Thay, the chairman and chief executive/non-independent executive director, has been redesignated as the deputy chairman and chief executive of the company with effect from 27 August 2020," Genting Malaysia said in Bursa Malaysia filing yesterday
MRCB books loss in 2Q on impairment, construction halt
MRCB impaired RM197 million worth of its contract assets, trades and other receivables it believes "will be impacted as a result of the pandemic from some of the group’s completed construction projects in the quarter under review".
Covid-19: New cases dip to five today, none from clusters
Ministry of Health (MoH) Director-General (DG) Tan Sri Dr Noor Hisham Abdullah: With the 16 recoveries today, this means 8,994 or 96.8% of Covid-19 patients have recovered so far.
Further OPR cut of 25bps or 50bps in near term likely — AmBank chief
Chief executive officer Datuk Sulaiman Mohd Tahir: We think there should be another cut, the question is how much is the cut? The range [we expect] is about 25bps or as much as 50bps in the near term.
Global Oriental slapped with UMA query
The stock surged as much as 38% to hit its intraday high of 73 sen in early trade today. At 4.14pm, the stock was trading at 63 sen, bringing a market capitalisation of RM272.81 million. A total of 61.4 million shares changed hands.
