Magnum, BToto's NFO outlets reopen for business today

Magnum, BToto NFOs resume business

Magnum, BToto NFOs resume business

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KUALA LUMPUR (Feb 16): Number forecast operators (NFOs) have reopened their outlets, according to checks on their respective websites.

Magnum 4D and Sports Toto outlets, which are owned by Bursa-listed Magnum Bhd and Berjaya Sports Toto Bhd (BToto) respectively, said they resumed business as usual starting today.

The NFOs were closed for over a month under the reinstated Movement Control Order or MCO 2.0, which took effect from Jan 13 throughout the whole country, except for Sarawak.

The reopening of the NFO's outlets today comes two days ahead of the Feb 18 (Thursday) end of MCO 2.0 for all affected states and federal territories, except for Kuala Lumpur, Selangor, Johor and Penang, where the order has been extended until March 4.

Last year, when the MCO was first implemented on March 18, NFOs were forced to close their outlets for 13 weeks and were only allowed to reopen for business on June 17, when the country began the more relaxed Recovery MCO.

Shares of Magnum closed five sen or 2.27% higher at RM2.25 today, for a market capitalisation of RM3.23 billion. Meanwhile, BToto ended one sen or 0.48% higher at RM2.10, for a market capitalisation of RM2.84 billion.

Tan Choe Choe