LHAG Advocates And Solicitors LHAG Advocates And Solicitors

News & Publications

29 July 2021

COVID-19 UPDATE

Fresh questions about whether Tokyo Olympics worsening Japan’s pandemic situation

Ivermectin not in next phase of WHO’s trial

Emergency ordinances revoked without Malaysian ruler’s consent

Two million jobs could be lost

MALAYSIA

Autos

Mercedes-Benz dealer Cycle & Carriage Bintang back in the black

Capital markets

Bursa Malaysia achieves best-ever six-month performance since 2005

Cosmos Technology board hoping for bigger fundraising platform

Health

Bioalpha partners lab in South Sudan on COVID-19 testing programme

Rhone Ma exclusive distributor of Citest Diagnostics’ antigen rapid test kit

Oil and gas

PSC offshore Sarawak goes to Petronas Carigali, Sarawak Shell and PETROS unit

Plantations

IJM plans to reward shareholders following disposal of plantation arm to Kuala Lumpur Kepong

Property

Steady demand for residential properties in Klang Valley despite pandemic

Glomac posts profit

JAKS Resources successfully appeals against HC decision on damages to Star Media

Mah Sing MD expects pent-up demand for strategically located and affordably priced properties

Retail

Malaysia Airports will provide no less than RM400 million in rebate, incentives

Tax

Center for Market Education outlines need to reform and modernise tax framework

Transport

Prasarana’s first CEO, expert weigh in on whether we are doing enough to develop public transport

ASIA

Gaming

First glimpse of Genting Singapore, Melco’s design concepts for Yokohama city

Technology

Samsung posts strongest result in more than two years

AUSTRALIA

Real estate

Mansion only 450m from Royal Botanic Gardens available for rent at A$10k per week

Tax

Crown Resorts pays A$61 million as fine for underpaying taxes at Melbourne operations since 2012

EUROPE

Sport

Full financial impact of pandemic on football won’t be known for several years

Technology

Music-streaming service Spotify beats expectations

SINGAPORE

Banks

No more caps on dividends paid by locally incorporated banks and finance companies

Property

PropertyGuru may consider Asian listing

Technology

TotalEnergies to buy ‘Blue Charge’ network from Bollore

UK

Autos

High demand for Aston Martin’s first SUV

Employment

Dismissal of teacher for asthma-related absences ‘inherently unfair’

Islamic finance

Wahed founder/director explains challenges and opportunities for Islamic fintech sector

Pharmaceuticals

GlaxoSmithKline’s own vaccines business squeezed while rivals make hay

Retail

Fortress-led consortium gets more firepower to raise offer for Morrisons if required

Tobacco

Total user base of British American Tobacco’s non-combustible products now at record 16 million

BAT on track to make £5 billion yearly in sales from new category products by 2025

US

Pharmaceuticals

Pfizer’s COVID-19 vaccine brings in nearly half its revenue

Restaurants

McDonald’s Q2 revenue beats forecast

Retail

Toymaker Mattel raising prices in H2

Technology

Duolingo latest start-up to impress Wall Street

Facebook’s Q2 profits double thanks to huge increase in ad revenue