News by THEEDGEMARKETS.COM

“Given the evolving circumstances, the group currently is unable to quantify nor determine the extent of the impact of the [Restriction] Order and COVID-19 on the earnings per share and net asset value per share of the group for the financial year ending June 30, 2020.”

In return, it will give up a portion of the land it is getting to China Railway Group's unit, China Railway Engineering Corp (M) Sdn Bhd (CRECM).

This applies to private companies that have been approved as "essential services" and are allowed to continue to operate during MCO.

The deferment of these regulatory submissions is part of the SC's wider relief package for the capital market to support the Government’s measures to contain the spread of the coronavirus.

There were concerns previously that the hearing could be postponed, following the implementation of the Movement Control Order, especially since Prime Minister Tan Sri Muhyiddin Yassin indicated earlier this week that the partial lockdown could be extended, should the 14-day containment fail to stop the spread of the novel coronavirus, COVID-19.

Selangor remains the state with the highest recorded cases, at 263, followed by Kuala Lumpur (139), Sabah (119) and Johor (114).

MCCC and MICC said Malaysians will swim or sink together and the cost to contain the outbreak must be shared as Malaysia undergoes the MCO between Wednesday (March 18) and March 31.

In a statement, Gamuda Land said OLA, which is located along Anchorvale Crescent in Sengkang, is a JV with Evia Real Estate (7) Pte Ltd.

Following this, Fernandes and Kamarudin have been reinstated to their posts as group chief executive officer (CEO) and executive chairman of AirAsia respectively.

Doc2Us chief executive officer Dr Raymond Choy: There are currently many messages going around chat platforms and groups about alleged tips and old wives tales to prevent or cure a COVID-19 infection that are untrue.