KUALA LUMPUR: Sime Darby Plantation Bhd (SDP), which has sternly rebuffed allegations by US Customs and Border Protection (CBP) on forced labour in its production process, is frustrated that there are no signs of communication about the investigation evidence in the past six months.
Malaysia's Top Glove Corp, the world's largest medical gloves maker, hiked its proposed dividend on Monday as its shares came under pressure from speculation the rollout of COVID-19 vaccines could hit demand for its products.
KUALA LUMPUR (Jan 12): The main index at Bursa Malaysia pared some of its losses after having dropped below the 1,600-point level in the morning session following the reinstatement of the Movement Control Order (MCO) in several states.
The Yang di-Pertuan Agong Al-Sultan Abdullah Ri ayatuddin Al-Mustafa Billah Shah had today also consented to a proclamation of emergency for a period up to Aug 1, 2021, to contain Covid-19.
The benchmark index pared its losses after Prime Minister Tan Sri Muhyiddin Yassin assured Malaysians that the declaration of state of emergency by the Agong earlier today does not entail a military coup and that the civilian government is still in place.
MALAYSIA's medical glove makers, one of the hottest pandemic trades, have seen bearish bets surge since the Southeast Asian nation lifted a ban on the practice at the start of this year.