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Liz Lee

REFILE-UPDATE 1-Q3 profit for Malaysia's top banks falls as pandemic takes toll

27 Nov 2020

KUALA LUMPUR, Nov 27 The top two lenders in Malaysia posted smaller third-quarter profits on Friday, both attributing poorer performances to the impact of the novel coronavirus pandemic.

Malaysia's Top Glove sees supply shortages boosting latex glove prices

25 Nov 2020

KUALA LUMPUR Malaysia's Top Glove Corp, which has shut some factories after thousands of workers tested positive for COVID-19, said on Wednesday it expects some supply shortages that could push up prices of medical rubber gloves.

Top Glove warns on deliveries after virus outbreak shuts plants

24 Nov 2020

KUALA LUMPUR Malaysia's Top Glove Corp expects deliveries to be delayed and sales to fall below its forecasts after thousands of positive COVID-19 tests among its workers forced the world's biggest rubber glove maker to shutter some factory operations. | Video

Malaysia to shut some Top Glove factories in phases amid virus outbreak

23 Nov 2020

KUALA LUMPUR Malaysia will close some of Top Glove's factories in stages as it moves to screen employees for the novel coronavirus after more than 2,000 workers tested positive, authorities said on Monday.

UPDATE 3-New Malaysia curbs to affect quarter of Top Glove workers; shares slump

17 Nov 2020

* Minimal biz impact expected unless lockdown extended - analyst (Adds analyst quote, company background)

Exclusive: AirAsia X to revise $15.3 billion debt reform plan to expedite talks with creditors, say sources

29 Oct 2020

KUALA LUMPUR Malaysia's AirAsia X Bhd plans to revise its $15.3 billion debt restructuring plan to address concerns raised by a creditor as its cash is running out fast, people with direct knowledge of the matter said.

Exclusive: AirAsia X to revise $15.3 billion debt reform plan to expedite talks with creditors - sources

29 Oct 2020

KUALA LUMPUR Malaysia's AirAsia X Bhd plans to drop a local airport operator from its $15.3 billion debt restructuring plan to expedite discussions with creditors as its cash is running out fast, people with direct knowledge of the matter said.

EXCLUSIVE-AirAsia X to revise $15.3 bln debt reform plan to expedite talks with creditors - sources

29 Oct 2020

KUALA LUMPUR, Oct 29 Malaysia's AirAsia X Bhd plans to drop a local airport operator from its $15.3 billion debt restructuring plan to expedite discussions with creditors as its cash is running out fast, people with direct knowledge of the matter said.

Malaysia's anti-graft agency probes AirAsia's bank loan

28 Oct 2020

KUALA LUMPUR, Oct 28 The Malaysian Anti-Corruption Commission (MACC) has begun an investigation into a 300 million ringgit ($72.1 million) loan from Sabah Development Bank Bhd (SDB) to budget airline AirAsia Group Bhd , an officer of the agency said on Wednesday.

Large Southeast Asian listings have mixed debuts on outlook concerns

27 Oct 2020

KUALA LUMPUR/MANILA Shares in the Philippines' second-largest IPO and Malaysia's largest offering in more than three years had a mixed debut on Monday, as analysts pointed to expansion concerns in pandemic-hit markets.

World News