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26 June 2020 eAGM minutes held on 23 Jun 2020
https://links.sgx.com/FileOpen/BBR-Minut...eID=621257
The minutes refers to published QnA on 22 June 2020.
http://bbr.listedcompany.com/newsroom/20...0LQF.1.pdf
The Group will be making submission to BCA to restart the projects and will address these requirements. Meanwhile, activities at the project sites are limited to housekeeping, safety and environmental maintenance works.
As for the Group’s property development business, Covid-19 has also caused a delay in the sales launch of our development, The Linq @ Beauty World.
Malaysia was under the Movement Control Order (“MCO”) since 18th March 2020 and similarly construction activities were suspended. This was slightly eased by the Conditional Movement Control Order (“CMCO”) implemented on 4th May 2020 whereby certain industries and businesses were allowed to resume operation under strict conditions such as permitting only 50 % workforce and adopting social distancing of 1.5 metre. However, for the Construction Industry, it is very challenging to comply as all workers (both foreign and local) will have to go through Covid-19 screening test before they are able to resume work. Due to the large number of foreign workers required to be screened for Covid-19, most of the site were not ready to resume work. With the implementation of Recovery Movement Control Order (“RMCO”) on 10th June 2020 whereby most businesses are permitted to resume operation without much restriction and even inter-state travel are permissible, the construction activities at all the project sites are slow to start
Wear mask and keep your distance when going out, valuebuddies.
https://links.sgx.com/FileOpen/BBR-Minut...eID=621257
The minutes refers to published QnA on 22 June 2020.
http://bbr.listedcompany.com/newsroom/20...0LQF.1.pdf
The Group will be making submission to BCA to restart the projects and will address these requirements. Meanwhile, activities at the project sites are limited to housekeeping, safety and environmental maintenance works.
As for the Group’s property development business, Covid-19 has also caused a delay in the sales launch of our development, The Linq @ Beauty World.
Malaysia was under the Movement Control Order (“MCO”) since 18th March 2020 and similarly construction activities were suspended. This was slightly eased by the Conditional Movement Control Order (“CMCO”) implemented on 4th May 2020 whereby certain industries and businesses were allowed to resume operation under strict conditions such as permitting only 50 % workforce and adopting social distancing of 1.5 metre. However, for the Construction Industry, it is very challenging to comply as all workers (both foreign and local) will have to go through Covid-19 screening test before they are able to resume work. Due to the large number of foreign workers required to be screened for Covid-19, most of the site were not ready to resume work. With the implementation of Recovery Movement Control Order (“RMCO”) on 10th June 2020 whereby most businesses are permitted to resume operation without much restriction and even inter-state travel are permissible, the construction activities at all the project sites are slow to start
Wear mask and keep your distance when going out, valuebuddies.