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Tan Chong Motors' 2Q swings to a net loss of RM79.4m

TAN Chong Motor Holdings Bhd’s second-quarter (2Q) results were significantly affected by the Covid-19 pandemic, swinging into a net loss of RM79.36 million compared to profit of RM19.05 million for the same quarter last year.For the 2Q ended June 30, 2020, revenue dipped to RM512.9 million versus RM1.06 billion previously.“The local businesses were unable to operate during the Movement Control Order (MCO) period. The showrooms and aftersales service centres resumed operations during the Conditional MCO in May.” ....

National Economic Recovery Plan , Movement Control Order , Chong Motor Holdings Bhd , Motor Holdings Bhd , Bursa Malaysia , தேசிய பொருளாதார மீட்பு திட்டம் , இயக்கம் கட்டுப்பாடு ஆர்டர் , சோங் மோட்டார் ஹோல்டிங்ஸ் ப்ட் ,

HLT Global, Boustead, Magna Prima, IWCity, Tan Chong, AmFirst REIT, Homeritz, Freight Management, M3, MAHB and Artroniq

HLT Global, Boustead, Magna Prima, IWCity, Tan Chong, AmFirst REIT, Homeritz, Freight Management, M3, MAHB and Artroniq
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Kuala Langat , Malaysia General , Pulau Pinang , Kuala Lumpur , Bhd Iwcity , Sunway Bhd , Lee Pei Mei , Randhill Singh , Steven Wong , Artroniq Bhd , Asia Pacific , Yeoh Guan Fook , Geng Lun , Yoong Nyock , Aeropolis Sdn Bhd , Jalan Cochrane , Kwan Siew , Asia Bhd , Sdn Bhd , Khun Seng , Everhallm Sdn Bhd , Tiong Nam Logistics Holdings Bhd , Amfirst Real Estate Investment Trust Am , Tan Chong Motor Holdings Bhd , Freight Management Holdings Bhd , Wong Engineering Corp Bhd ,

These listed companies win the bid for LSS4 project

KUALA LUMPUR (March 12): The Energy Commission has announced the list of 30 shortlisted bidders of the Large Scale Solar @ MEnTARI (LSS4), totalling 823.06MW out of the offered 1,000MW.
This comprises 20 bidders covering 323.06MW under Package P1 at between 10MW and below 30MW, as well as 10 bidders across 500MW under Package P2 between 30MW and 50MW.
The shortlisted bids for Package 1 ranged between 18.5 sen/kWh and 24.81 sen/kWh. Meanwhile for Package 2, the bids ranged between 17.68 sen/kWh and 19.7 sen/kWh.
Among the identified listed companies that have been awarded the projects are:
Advancecon Holdings Bhd via Advancecon Solar Sdn Bhd at 26MW ....

Kuala Lumpur , Tenaga Nasional Bhd , Sdn Bhd , Uzma Environergy Sdn Bhd , Perbadanan Kemajuan Negeri Pahang , Gopeng Bhd , Kumpulan Powernet Bhd , Uzma Bhd , Mk Land Holdings Bhd , Renewables Sdn Bhd , Advancecon Holdings Bhd , Solarvest Holdings Bhd , Tan Chong Motor Holdings Bhd , Energy Commission , Large Scale Solar , Holdings Bhd , Advancecon Solar Sdn Bhd , Atlantic Blue Sdn Bhd , Resources Sdn Bhd , Chong Motor Holdings Bhd , Tan Chong Motor Assemblies Sdn Bhd , Power Sdn Bhd , Powernet Bhd , Utilities Bhd , Nasional Bhd , குவாலா லம்பூர் ,

Extension of tax exemption to spur new vehicles sales

Extension of tax exemption to spur new vehicles sales
AYISY YUSOF and AZANIS SHAHILA AMAN
© Provided by New Straits Times
As part of the short-term Penjana economic recovery plan to stimulate the economy, the government on Tuesday said it would continue providing full exemption on sales tax for new locally-assembled (CKD) units and 50 per cent exemption on sales tax for imported (CBU) cars until June 30 next year.
KUALA LUMPUR: Malaysia s automotive sector will be lacklustre without the extension of sales tax exemption as certain carmakers are facing supply disruption, industry officials and analysts said.
The government s decision to extend new vehicle sales tax exemption for six months would help to spur demand owing to a reduction in prices, they added. ....

Kuala Lumpur , Roslan Abdullah , Sime Darby Bhd , Proton Holdings Bhd , Public Investmen Bank Bhd Publicinvest , Tan Chong Motor Holdings Bhd , Malaysian Automotive Association , Straits Times Pressm Bhd , Maybank Investment Bank Bhd , Services Tax , Holdings Bhd , Bermaz Auto Bhd , Chong Motor Holdings Bhd , New Straits , Klang Valley , Investment Bank Bhd , Investmen Bank Bhd , New Straits Times Press , குவாலா லம்பூர் , ப்ரோடாந் ஹோல்டிங்ஸ் ப்ட் , பழுப்பு சோங் மோட்டார் ஹோல்டிங்ஸ் ப்ட் , மலேசியன் தானியங்கி சங்கம் , மேபேங்க் முதலீடு வங்கி ப்ட் , சேவைகள் வரி , ஹோல்டிங்ஸ் ப்ட் , சோங் மோட்டார் ஹோல்டிங்ஸ் ப்ட் ,

FGV, Jiankun International, Pecca, Kossan, Alliance Bank, Ranhill, UOA Development, UOA REIT, Mitrajaya, Tan Chong Motor and Fintec

KUALA LUMPUR (Dec 22): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 23) include: FGV Holdings Bhd, Jiankun International Bhd, Pecca Group Bhd, Kossan Rubber Industries Bhd, Alliance Bank Malaysia Bhd, Ranhill Utilities Bhd, UOA Development Bhd, UOA Real Estate Investment Trust, Mitrajaya Holdings Bhd, Tan Chong Motor Holdings Bhd, and Fintec Global Bhd.
The Federal Land Development Authority (Felda) is eyeing to take
FGV Holdings Bhd private after its unconditional takeover offer for the latter s shares.
Felda said it does not intend to maintain the listing status of FGV on the Main Market of Bursa Malaysia. ....

Kuala Lumpur , Negeri Sembilan , Republic Of , Sdn Bhd , Siang Chai , Mohamed Apandi Ali , Eng Piow , Jiankun International Bhd , Alliance Bank Malaysia Bhd , Chuanplus Industries Sdn Bhd , Real Estate Investment Trust , Mitrajaya Holdings Bhd , Development Bhd , Tan Chong Motor Holdings Bhd , Motor International Ltd , Pecca Group Bhd , Real Estate Investment , Kossan Rubber Industries Bhd , Land Development Authority Felda , National Water Services Commission , Tc Overseas Assets Holdings Labuan Pte Ltd , Holdings Bhd , Ranhill Utilities Bhd , Estate Investment Trust , Fintec Global , Federal Land Development Authority ,