News by Adam Aziz

PRG's current issued shares stand at 402.88 million, of which Lua holds 75.06 million, representing an 18.63% stake.

This is because China's share of tourism receipts has more than quadrupled to 19% in 2019 from a mere 4% in 2003, when the SARS or severe acute respiratory syndrome outbreak took place in February to July that year.

In a statement today, Finance Minister Lim Guan Eng said the affected motorists involve drivers of passenger vehicles, buses and taxis.

...pending a more detailed study on the overall impact of the outbreak.

Market watchers caution against panic selling as there are opportunities emerging in counters hammered by the recent selldown.

In a filing with Bursa Malaysia, the group said the police raided part of the premises, tenanted by a third-party, in relation to a drug probe.

The focus remains on properties sought by the manufacturing and logistics sector, the management guided during its press briefing today, noting the persistent demand for such properties presently.

In a statement issued this evening, Khazanah said PLUS and itself will announce further details of the toll restructuring initiative after further consultation with the government and other key stakeholders.

In separate filings to Bursa Malaysia today, MMC Corp and Gamuda said their joint venture (JV) unit MMC Gamuda KVMRT (PDP SSP) Sdn Bhd (MMC-Gamuda) has entered into a supplemental agreement to the PDP agreement with Mass Rapid Transit Corp Sdn Bhd (MRT Corp).

In a statement today, the PMO said the government will implement an 18% reduction in toll charges on private vehicles plying PLUS-owned highways as early as Feb 1, 2020 to ensure there will be no toll rate hikes until the end of the 38-year concession between 2020 and 2058.