Bleak outlook for many companies


President of the Federation of Public Listed Companies Tan Sri Megat Najmuddin Khas is very worried about the severe impact from the Covid-19 fallout.

PETALING JAYA: The immediate outlook for companies is bleak and a number of companies in affected industries would take a hit from the ongoing Covid-19 pandemic, says the president of the Federation of Public Listed Companies Tan Sri Megat Najmuddin Khas.

“The whole world is undergoing a lot of pain and stress at the moment and more so for businesses, corporations and public listed companies. Just about everyone is feeling the pinch and things will not be the same any more after this. It is possible that going forward we have to change, ” Megat Najmuddin told StarBiz.

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