LHAG Advocates And Solicitors LHAG Advocates And Solicitors

Daily News

20 January 2022

COVID-19 UPDATE

Infections reaching new peaks in the Americas

India reports highest infections in eight months

SE Asia saw biggest rise in cases

COVID-19 deaths back to double digits in Malaysia

MALAYSIA

Aviation

Malaysia Airlines’ parent surprised by approvals for SKS, MYAirline amid potential overcapacity

Raya strengthens strategy

Banks

Sabah Credit first statutory body from East Malaysia to secure sustainability-linked loan

Capital markets

Malaysian Anti-Corruption Commission chief had control of share trading account

12-year tenure for independent directors

Bursa Malaysia’s statement

KNM’s subsidiaries will be listed in Singapore via IPO

Chemicals

PetChem will build melamine plant in Kedah

Construction

Nestcon awarded RM189 million contract for 39-storey apartment building in KL

Education

Berjaya Corp disposing of 72% stake in Berjaya Higher Education

Energy

KAB Energy acquiring Sarawak Cable’s mini-hydropower plant in Indonesia for RM10k

Logistics

How Malaysian operations factor in Ninja Van’s big picture vision

Planned drone delivery on hold

Management

Former Chief Justice will chair Royal Commission of Inquiry into Lembaga Tabung Haji’s issues

Media

Newswav raises RM6 million in latest Series A funding

Malaysia Debt Ventures funds Suke TV

Property

FC: AG’s Report, KL City Plan 2020 can be used by Taman Rimba Kiara project opponents

Phase 1 of UEM Sunrise’s KAIA Heights 50% taken up

Titijaya Land, Penang Development Corp collaborate on RM10 billion Medi-Tech City in Penang

Former Inspector-General of Police replaces Top Glove founder as Tropicana chairman

Restaurants

Texchem Resources raising stake in Sushi King

Retail

Mitsui Fudosan’s first LaLaport in SE Asia begins operations

Technology

Dropee completes US$7 million Series A funding

Tort

Chief Shariah judge seeking RM30 million

Travel

Motorists must be given option for toll payments

ASIA

Banks

Region’s lenders score lowest in governance, risk management and disclosure

Technology

Bukalapak’s IPO flop may not bode well for Indonesia’s upcoming tech listings

Sony shares slump on news of Microsoft’s Activision Blizzard deal

AUSTRALIA

Aviation

For first time in its history, Qantas to terminate contract terms with long-haul cabin crew

Real estate

1910 clifftop mansion ‘Westbank’ sets new benchmark

EUROPE

Antitrust

EU decision on Korean Air-Asiana deal expected by mid-February

Intellectual property

German developer of popular kitchen gadget Thermomix defeated in Spain

Real estate

Rome villa that boasts artist Caravaggio’s only known ceiling mural will be offered at a discount

SINGAPORE

Capital markets

Strong demand for first SPAC

Data protection

Nature Society fined S$14k

Technology

Singapore ties Silicon Valley for second most desirable data centre location

UK

Accountancy

KPMG fined £3 million

Consumer goods

Unilever abandons plans to buy GlaxoSmithKline unit

Pharmaceuticals

GSK’s chief scientific officer leaving for Altos Labs

US

Consumer goods

Procter & Gamble raises sales forecast

Real estate

Sole penthouse unit at luxury development is San Francisco’s most expensive condo

Late A View to a Kill star’s Los Angeles property available for US$3 million

Technology

Big Tech companies flush with Benjamins may look to strike while iron is hot