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Covid-19: Movement Control Measures Implemented Across Malaysia *Update No.2* - Coronavirus (COVID-19) - Vimarsana News

Covid-19: Movement Control Measures Implemented Across Malaysia *Update No.2* - Coronavirus (COVID-19)

The MCO No. 2 Regulations The MCO No. 2 Regulations replace the Prevention and Control of Infectious Diseases (Measures within Infected Local Areas) (Movement Control) Regulations 2021 (as amended) (' MCO Regulations'). The MCO No. 2 Regulations are, in essence, identical to the MCO Regulations except in the following respects - Places under a movement control order The MCO No. 2 Regulations apply to all states and territories in Malaysia (other than the state of Sarawak) and to the Division of Sibu in Sarawak. The movement control order imposed on the aforesaid states and territories has eff...

Source: mondaq.com
Teo Seng sinks into the red on depressed prices of eggs amid Covid-19 spread - Vimarsana News

Teo Seng sinks into the red on depressed prices of eggs amid Covid-19 spread

KUALA LUMPUR (Feb 9): Teo Seng Capital Bhd slipped to a net loss of RM2.13 million in the fourth quarter ended December 31, 2020 (4QFY20) from a net profit of RM13.62 million a year ago, due to the depressed selling prices of eggs caused by weak market demand as the pandemic continued to impact the sale of eggs to food and beverage outlets. Quarterly revenue fell 13.1% to RM118.53 million from RM136.39 million, its filing with Bursa Malaysia showed. For the full year ended December 31, 2020, the group’s net profit slumped 92.86% to RM4.2 million from RM58.84 million a year ago, while revenu...

Proactive Investors China - The web's leading portal for China stocks - VIP Gloves defers completion of sale and leaseback of land and buildings in Malaysia - Vimarsana News

Proactive Investors China - The web's leading portal for China stocks - VIP Gloves defers completion of sale and leaseback of land and buildings in Malaysia

2021-02-08 by Proactive Australia VIP Gloves Ltd (ASX:VIP) has agreed to defer completion of the sale of land and buildings in Malaysia to DC Glove Sdn Bhd and the subsequent leaseback for RM29 million (A$10.3 million). In line with a Sale and Purchase Agreement (SPA) dated January 16, 2020, completion was scheduled for January 20, 2021. However, due to the COVID-19 global pandemic, the Movement Control Orders in Malaysia and the lockdown in Hong Kong, both parties have agreed to defer completion. This process will now be reviewed in late February, and this is permitted under the SPA. The ag...

Covid-19: Movement Control Measures Implemented Across Malaysia *Update No.1* - Coronavirus (COVID-19) - Vimarsana News

Covid-19: Movement Control Measures Implemented Across Malaysia *Update No.1* - Coronavirus (COVID-19)

Subsequent to the issue of our Alert on the imposition of movement control measures across Malaysia, the Prevention and Control of Infectious Diseases (Measures within Infected Local Areas) ...

Source: mondaq.com
Second time offender fined | Daily Express Online - Sabah's Leading News Portal - Vimarsana News

Second time offender fined | Daily Express Online - Sabah's Leading News Portal

Published on: Saturday, February 06, 2021 By: Stefyanie Myla Micheal The mobile phone shop compounded after ignoring the written warning. Kota Kinabalu: A mobile phone trader who was once given a warning letter was fined RM1,000 for failing to comply with the standard operating procedures (SOP) during the Movement Control Order (MCO), Thursday. Sabah Domestic Trade and Consumer Affairs Ministry (KPDNHEP) Director Georgie Abas said the trader fail to provide a temperature scanner as well as did not keep records of his employees’ attendance via MySejahtera application or manually. “The trad...