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KUALA LUMPUR (May 20): Bursa Malaysia extended its weakness in early trade today on the back of weak sentiment due to the hike in new Covid-19 cases yesterday.
At 9.07am, the benchmark FBM KLCI had eased 1.66 points to 1,578.86 from yesterday’s close at 1,580.52.
The index opened 2.67 points easier at 1,577.85.
On the broader market, losers outpaced gainers 262 to 166, while 252 counters were unchanged, 1,525 untraded and 18 others suspended.
Total volume stood at 380.36 million worth RM228.29 million.
Rakuten Trade Sdn Bhd said the KLCI saw more weaknesses on record high Covid-19 cases and many fear of a more stringent lockdown.
“Anyhow, we expect the key index to trend within the 1,575-1,585 [range],” it said in a research note.
IOI Properties gets Marriott to manage signature hotels in Putrajaya 20 May 2021 / 23:54 H. Lee (seated, right) and Marriott International president, Asia Pacific excluding Greater China, Rajeev Menon signing the agreements. Standing are, from left, Marriott International vice president & assistant general counsel, legal, Asia Pacific Karen Eu; area vice president, Singapore, Malaysia and Maldives Rivero Delgado; and senior director, hotel development, Asia Pacific, Andree Susilo.
PETALING JAYA: IOI Properties Group Bhd has entered into agreements for Marriott International Inc to manage two of its signature hotels in IOI Resort City, Putrajaya – Putrajaya Marriott Hotel and Palm Garden Hotel.
Putrajaya Marriott Hotel will be converted from its existing franchise arrangement into a managed contract under the premium brand, while Palm Garden Hotel will be managed by Marriott International under the Tribute Portfolio brand.
KUALA LUMPUR, May 20 LBS Bina Group Bhd’s net profit soared to RM25.15 million for the first quarter (Q1) ended March 31, 2021, from RM9.34 million posted in the same quarter last year. Revenue also improved to RM402.55 million from RM299.27 million previously, driven by better revenue in the.
KUALA LUMPUR (May 19): IOI Properties Group Bhd has entered into agreements with Marriott International, Inc (Marriott International) to manage two of its signature hotels in IOI Resort City, Putrajaya, namely Putrajaya Marriott Hotel and Palm Garden Hotel. The Putrajaya Marriott Hotel will be converted from its existing franchise arrangement to a managed contract under the Premium brand, while the Palm Garden Hotel will be converted to the.