UMW Holdings has circa 732.4 acres of vacant land in Serendah HVM Park, with an estimated net book value of RM73 million or RM2.30 psf.

The initiative will see investments amounting to RM4 billion over the next five years.

The analyst said the negative deviation could be attributed to lower-than-expected rental income in 1QFY21 as a result of the imposition of MCO 2.0 (the second movement control order) and steeper-than-expected negative rental reversion.

It is understood that former Federal Court judge Datuk Seri Gopal Sri Ram and lawyer Damien Chan will appear tomorrow for the judicial review applicant. 

Sarawak reported the highest number of daily new Covid-19 cases at 508, followed by Selangor and Johor at 431 and 387 respectively.

Selangor overtook Sarawak today as the state with the highest number of new cases at 751 versus 512

“This is not just a construction project but a large transformation — a large change management programme,” said MRT Corp CEO Datuk Mohd Zarif Hashim.

Tan Hai Hsin, Retail Group Malaysia (RGM) managing director: I am surprised by the strong interest from foreign funds in Malaysia’s second- and third-tier grocery operators

“It is clear that we still can be infected after completion of vaccination but perhaps less in severity.”

As of yesterday, daily cases stayed above the 2,000 level, climbing further to 2,551 from 2,148 on Thursday. This is the highest number of infections seen in over two months. The Covid-19 death toll, meanwhile, has increased to 1,365, compared with 474 as of Jan 1.