News by Tan Siew Mung

E&O said the boardroom changes are effective today.

S P Setia: The approximately 960 acres of freehold land is located in Mukim of Tebrau, district of Johor Bahru and registered for agricultural use. It is currently home to matured oil palm trees

They also said the delay in the rollout of the Phase 3 immunisation programme could impact the timeline of when the country can achieve herd immunity and reopen its borders.

The group also saw its quarterly revenue slip 20.37% to RM282.37 million.

“Income from marketing events and advertising were also badly affected."

Revenue was down 8.21% to RM71.41 million from RM77.79 million previously.

The improved NPI was due mainly to rental from newly acquired properties. 

Scott Sibella, the president of Resorts World Las Vegas: After years of planning and constructing this monumental property with some of the most innovative partners in the industry, Resorts World Las Vegas will redefine the hospitality standard in Las Vegas with unmatched dining and entertainment, more variety of hotel accommodations than anywhere else on the strip, and the city’s most progressive technology

The analyst said the negative deviation could be attributed to lower-than-expected rental income in 1QFY21 as a result of the imposition of MCO 2.0 (the second movement control order) and steeper-than-expected negative rental reversion.

In a bourse filing, SCIB said the group inked a conditional share sale agreement with three individuals — Noorazylawati Abdul Bakar, Mohd Khairil Mohd Hatta and Ibrahim Mohd Noor — to acquire Kencana Precast Concrete Sdn Bhd (KPCSB). It will settle the purchase via a combination of internal funds and/or bank borrowings.