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“In fact, even before this [pandemic], we already had very strict SOPs on short-term rentals in buildings because we need to protect the safety of the other occupants in the building. But now, there needs to be social distancing, knowledge of who and where the guests are from and others,” said Low.

Chur Associates founder and managing partner Chris Tan: If you want the authority to exercise discretion, you have to be reasonable. If you are supposed to renew certificates within the MCO (Movement Control Order) period but you can’t do it, you need to show you had tried to do so and have the evidence to prove that for instance you contacted the authority via phone call, email or registered post.

Such fee waivers and discounts are not viable as any adjustments in fee collection or sinking funds will need the approval of property owners via an AGM or EGM

Net property income fell by a quarter to RM39.36 million, from RM52.75 million a year earlier, CMMT said in a bourse filing today.

Revenue came in 26.26% lower at RM4.11 billion versus RM5.57 billion previously, the group's stock exchange filing today showed.

This comes as Tadmax refocuses on property development, following its recently announced plan to exit from the RM3.3 billion Pulau Indah power plant project.

"They are retrenching about 10% to 20% of their staff force that stands at about 20,000," said a source.

“The answer is yes if we get a good offer,” group CEO Datuk Jeffri Salim Davidson said at a press conference today on Sime Darby’s latest quarterly results.

This is because Malaysia is excluded from the voluntary licensing agreement for generic versions of the drug, Noor Hisham said at his daily press briefing on the Covid-19 situation in Putrajaya today.

Adding to the woes, the casino operator recognised a loss of RM100.1 million relating to its stake in financially stressed Empire Resorts Inc, a casino it acquired from controlling shareholder Tan Sri Lim Kok Thay last year.