Page 35 - Practice Note News Today

Dear Shareholders, On behalf of the board ("Board") of directors ("Directors") of Austar Lifesciences Limited ("Company"), I am pleased to present the annual report of the Company and its subsidiaries (collectively as the "Group" or "AUSTAR") for the year ended 31 December 2020 ("Year"). The year 2020 has been a challenging year for any individual, company and organization under the impact of the COVID-19 pandemic and its consequential policies. From a global persp...

CHAIRMANS STATEMENT Dear Shareholders, I would like to thank all Shareholders of Weimob Inc. for their firm trust and support in 2020. 2020 was a year full of challenges and opportunities for the Company. Amid the global economic shock of the COVID-19 epidemic, we swung for the fences and seized the opportunities brought by the epidemic to develop online digital economy, and provided a digital business operating system for customers to facilitate their digital oper...

The Bachelor Instagram post becomes first breach of new AANA Code of Ethics Social post by Anna Heichrich highlighting Runaway The Label found to have breached the new distinguishable advertising standards An Instagram post by The Bachelor contestant, Anna Heinrich, has become the first case to breach new distinguishable advertising rules established under the Australian Association of National Advertisers (AANA) Code of Ethics introduced this year. The social post on Heinrich’s handle in...

KUALA LUMPUR (March 16): Daya Materials Bhd today inked a series of agreements as part of its debt restructuring scheme, following the approval in principle from its creditors in July last year. The Practice Note 17 company, in a bourse filing, said it signed seven supplemental agreements and two debt settlement agreements with its creditors. The creditors comprise Malayan Banking Bhd, United Overseas Bank (M) Bhd, RHB Bank Bhd, Hong Leong Bank Bhd, Al Rajhi Banking & Investment Corp (M) Bhd, P...

KUALA LUMPUR (March 16): Based on corporate announcements and news flow today, companies in focus on Wednesday (March 17) may include: Berjaya Corp Bhd (BCorp), Classic Scenic Bhd (CScenic), Complete Logistic Services Bhd, Daya Materials Bhd, FGV Holdings Bhd, My E.G. Services Bhd (MyEG), Sime Darby Plantation Bhd, Superlon Holdings Bhd, Time dotCom Bhd, Top Glove Corp Bhd and United Malacca Bhd. Berjaya Corp Bhd has appointed Abdul Jalil Abdul Rasheed as its new chief executive officer, the fi...

BETWEEN Feb 8 and 11, notable shareholding changes included those at Hwa Tai Industries Bhd, where Lim Kam Seng emerged as a substantial shareholder after purchasing 3.76 million shares or a 5.02% stake. As at May 31 last year, Lim held 550,000 shares or 0.73% equity interest in the biscuit manufacturer via RHB Capital Nominees Sdn Bhd. In the weeks leading up to the Lunar New Year, the counter rose 63.9% to 59 sen on Feb 11 from its Jan 18 close of 36 sen. Nadicorp Holdings Sdn Bhd disposed o...

KUALA LUMPUR (March 2): Loss-making TH Heavy Engineering Bhd (THHE) said the settlement amount agreed between the group and PTTEP Sarawak Oil Ltd (formerly known as Murphy Sarawak Oil Co Ltd) was about RM16 million. In a filing with Bursa Malaysia, THHE clarified that the amount owing by PTTEP to THHEs wholly-owned unit THHE Fabricators Sdn Bhd as at Dec 31, 2019 was about RM38 million. "The settlement amount agreed between both parties through the settlement agreement is approximately RM16 mil...

District Court Practice Note: Civil proceedings — COVID-19 Preparedness re  ... guidance as to the manner in which practitioners, parties, and other participants in the District Court can expect judges to use their power under s 24 to modify the applicable District Court Rules 2014 while the epidemic notice is in force ... Date issued: 23 April 2020 Guideline for media The information in this Guide is intended to assist media reporting the courts during the COVID-19 alert levels. Please read...

COMESA merger notification thresholds clarified Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Sponsored by On 11 February 2021, the COMESA Competition Commission (CCC) published a new practice note clarifying important aspects ...

PETALING JAYA: While the extension of time for Practice Note 17 (PN17) companies to submit their regularisation plans provides more breathing space amid the current pandemic, industry observers believe this relief measure can be a double-edged sword.