FTSE Bursa Malaysia KLCI (^KLSE) 1,646.53 14.83 (0.90%)
updated at: Wed, 09 Dec 2020, 05:25PM MYT

EVENING 5: Five things you need to know today

Original Source From TheEdge Publish at Tue, 21 Jan 2020, 08:30AM

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Country Garden Malaysiahas laid off hundreds of staff since Dec 2019, and more cuts are expected after the Lunar New Year.

2. Pharmaniaga announcesthe departure of its MD Datuk Farshila Emranafter nine years at the helm.

3. Air France-KLM is reportedly eyeing as much as49% of beleaguered Malaysia Airlines, while Japan Airlines is said to be looking at a 25% stake.

4. Axis REIT continues its shopping spree with an eye onRM140mil worth of new assets to buythis year.

5. Ideal United Bintang International will bejointly developing RM828.6mil worth of propertieswith PR1MA Corp Malaysia in Penang's Bandar Gelugor.

updated at: Fri, 29 May 2020 MYT
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