Tadmax expands landbank via 70% stake buy in property outfit
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.
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.
Earnings for the quarter were also hit by higher finance costs and higher share of losses from non-controlling interests, the group said in an exchange filing.
Revenue in the first quarter ended March 31, 2020 dropped 17% at RM365.83 million from RM440.04 million a year ago.
This comes after the Federal Court today refused to grant leave to an application to appeal against the COA's ruling in the Menara Rajawali case.
Of the 47 cases of local transmissions, 41 cases involved migrant workers with 34 linked to a new cluster at the Bukit Jalil immigration detention depot here, said health director-general Datuk Dr Noor Hisham Abdullah in his daily statement.
Rehda Malaysia president Datuk Soam Heng Choon: Throughout the 50 years of our formation, we have played a vital role in the betterment of the property industry and nation, by being a key partner to the government in its various initiatives.