News by M

MAH CEO Yap Lip Seng said hotels “in several states began to receive cancellations for bookings following the spike in Covid-19 cases at the end of September”.

Fans of the merger say that while the debts of the enlarged entity appear huge, “both companies have unbilled sales (future revenue) of RM6.12 billion. Eco World Development has RM4.42 billion, whereas UEM Sunrise has RM1.7 billion”.

Petaling Disaster Management Committee has called on shoppers who went to 1Utama’s Cosmetic and Perfumes section on level-G in Parkson Elite, between Sept 30 and Oct 7, and Mac City on level-two of the mall, between Sept 25 and 30, to get tested for Covid-19.

Malaysian Association of Amusement Theme Parks & Family Attractions (MAATFA) president Tan Sri Richard Koh: The recent spike of Covid-19 is making the turtle retreat back into its shell. Just when people were feeling more confident about going out, this new spike reversed it. Attendance at theme parks and attractions have declined by between 40% and 90%, depending on state and the number of Covid-19 cases there

In a statement yesterday, the bank said the employee was found to be COVID-19 positive today and is currently under quarantine, adding that the employee had been away from the office since Oct 1 and was only briefly present in the office on Oct 7.

The MOH announced that three new clusters of infections have been detected, namely the Atap cluster (four positive cases) in Kota Kinabalu, Sabah; the Bah Lada cluster (four positive cases) in Hilir Perak, Perak; and the Bah Sahabat cluster (10 positive cases) in Marang, Kuala Terengganu, Terengganu.

UEM Sunrise said its board will deliberate on the effective date of Anwar Syahrin’s resignation.

Amid concerns over the recent spike in the number of active cases.

On the rationale for the HOAs, UEM Sunrise said for phase 3 of the SILC, it has decided to collaborate with AME Elite Consortium to develop an integrated industrial park development.

WeWork Southeast Asia and Korea head of growth Ray Tan: By moving away from fixed workspace commitments, re-allocating budget to other key business priorities can help keep businesses afloat.