News by THEEDGEMARKETS.COM

"To me it’s like, my pocket money you know."

In a statement March 4, SEMI said the postponement is due to concern surrounding the ongoing international coronavirus (COVID-19) outbreak.

Their collective worth of US$79 billion (RM329 billion) was down 7% year-on-year.

CGS-CIMB analyst Sharizan Rosely said channel checks by the research house revealed more concerns than optimism surrounding the projects previously outlined, including the Johor-Singapore Rapid Transit System (RTS), new tenders for the East Coast Rail Link (ECRL), awards for the Light Rail Transit (LRT), the highway scopes of the Penang Transport Master Plan (PTMP) and the KL-Singapore High Speed Rail (HSR).

“BNM and the authorities have to consider how much room there is to manoeuvre given that the COVID-19 situation continues to evolve and the effects could potentially be more severe as the virus spreads to more countries.”

RSDH chief executive officer Greg Brown said RSDH is working closely with the MoH, and that the group has implemented stringent safety protocols at its hospitals.

“The shutdown is effective immediately, and any changes/latest information about the directive will be updated from time to time.”

“The three of them could not be identified because we could not see their passports.”

“As part of the securities for the term-loan facilities, the company is required to provide a corporate guarantee for principal repayment and interest servicing throughout the tenor of the term-loan facilities.”

In a statement, he said 14 new infections were confirmed at noon today.