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PETALING JAYA: The movement control order (MCO) extension is expected to result in further cuts to market earnings and a near term downside for FBM KLCI.
KUALA LUMPUR: Genting Singapore Ltd has issued a profit warning due to the significant drop in visitor attendance at Resorts World Sentosa.
PETALING JAYA: Genting Malaysia Bhd has decided to temporarily close its Resorts World Genting from March 18-31, 2020 due to the Covid -19 pandemic.
PETALING JAYA: Genting Bhd’s net profit for the fourth quarter ended Dec 31,2019 was down 19.28% to RM528.82mil on the back of a 1.75% drop in revenue to RM5.3bil.
HONG KONG: A growing number of China’s private companies have cut wages, delayed paychecks or stopped paying staff completely, saying that the economic toll of the coronavirus has left them unable to cover their labour costs.
HONG KONG (Bloomberg) -- A growing number of China’s private companies have cut wages, delayed paychecks or stopped paying staff completely, saying that the economic toll of the coronavirus has left them unable to cover their labor costs.
KUALA LUMPUR: Perak Corp Bhd, Hartalega Holdings Bhd and Euro Holdings Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
The rapid spread of a deadly new virus from Wuhan, China, has dashed expectations of an earlier-than-scheduled opening of the new outdoor theme park by Genting Malaysia Bhd (GenM).
Glove makers receive urgent request from China
IPOH: The RM520mil Movie Animation Park Studios (Maps) will be closed from yesterday onwards until further notice.