Mah Sing said its plastics manufacturing unit was “exploring opportunities in healthcare-related products”.

“We are trying to look at sunrise assets (assets in an industry that is growing fast) versus our current cyclical assets. So, those (industrial and other services) are sunrise assets. If you look at the Covid-19 situation, the impact on their businesses has been negligible,” said Datuk Jeffrey Ng Tiong Lip, CEO of Sunway REIT Management Sdn Bhd.

Inix Technologies Holdings: As of now, the management and board of directors are still in negotiations with parties developing the vaccine and as of to date, it is in [a] preliminary stage.

"The ban will affect, amongst others, expatriates with valid work permits in Malaysia such as Employment Passes and Professional Visitor Passes. Within our membership, these categories would severely impact the immediate operations of some of the country's largest investors.”

Active cases stood at 165 versus 163 reported yesterday, with nine more COVID-19 patients discharged. This raised total recoveries to 9,092, representing a recovery rate of 96.9%.

SYDNEY (Sept 4): Australian police have charged a property developer for allegedly paying A$4.75 million (RM14.35 million) in bribes to Malaysian government officials, according to a Bloomberg report.

RAWANG (Sept 4): The machinery maintenance factory in Rawang which involved in the Sungai Selangor pollution was instructed to stop operation by the Selangor state government today.

Hektar REIT’s Datuk Hisham Othman and Alpha REIT’s Datuk Stewart Labrooy were also re-elected as vice-chairman and honorary secretary respectively.

The developer will be launching its phase 2 terrace houses tomorrow which has a gross development value (GDV) of RM180 million. Built-ups for the unit range from 2,386 sq ft to 3,275 sq ft, priced from RM985,550.