London Biscuits sells industrial land for RM70m to pay off creditors
KUALA LUMPUR (May 7): London Biscuits Bhd, which is currently under liquidation, is selling seven parcels of freehold industrial land in Johor Bahru for RM70 million.
Most Malaysians received three types of stimulus funding: DOSM
KUALA LUMPUR (May 6): About 40,000 individuals surveyed by the Department of Statistics Malaysia (DOSM) said they had benefitted from the government’s economic stimulus package.
59 Chambers of Commerce and Industry Associations call for all states to restart economic activities
KUALA LUMPUR (May 6): 59 Chambers of Commerce and Industry Associations have declared their full support for the federal government’s decision to allow the majority of the economy to resume operations under the Conditional Movement Control Order (CMCO) while calling for all states to follow.
DONE DEAL: Double-storey terraced house, Sutera Damansara, Damansara Damai, Selangor
Sold for: RM740,000 (RM449.
Singer Madonna breaks social distancing rules by attending birthday party
KUALA LUMPUR (May 4): It has been reported that pop superstar Madonna (pictured) was seen “flouting” social distancing rules to attend the birthday party of photographer and friend Steven Klein.
Trump: Up to 100,000 Americans may die from Covid-19
KUALA LUMPUR (May 4): US President Donald Trump (pictured) said yesterday he “believes as many as 100,000 Americans” could perish in the Covid-19 pandemic after the death toll passed his earlier estimates, Reuters reported.
FT minister: 27 Covid-19 cases detected at Pavilion Embassy construction site
KUALA LUMPUR (May 2): Twenty seven Covid-19 cases were detected at the Pavilion Embassy construction site here, the Malay Mail reported today.
List of businesses not allowed to reopen on Monday, barbers to remain closed
KUALA LUMPUR (May 1): The National Security Council has listed the activities that are still not allowed despite the Conditional Movement Control Order (CMCO) scheduled to be imposed from Monday (May 4) onwards.
Amanahraya REIT welcomes new CEO after post left vacant for 15 months
KUALA LUMPUR (April 30): Amanahraya Real Estate Investment Trust announced the appointment of Abdul Aziz Abdul Rasheed as its new chief executive officer, effective today.
CMMT commits to RM35m in rental relief for non-essential services tenants
KUALA LUMPUR (April 30): CapitaLand Malaysia Mall Trust (CMMT) has committed to RM35 million in rental relief for shopping mall tenants in non-essential services during the movement control order (MCO) period.
