EVENING 5: Five things you need to know today

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

1. The Prime Minister’s Office has clarified that PM Tun Dr Mahathir Mohamaddid not suggestthat the recent allegations of bribery against AirAsia Group Bhd were offset payments.

2.Westports Holdings Bhd’s4QFY20 net profitdropped13.8% due to an asset write-off, even as revenue grew.

3. The government hasdroppedthe price of petrol and diesel for the first time in a year.

4. 7-Eleven Malaysia Holdings Bhd says there areno plansto merge its convenience operations with that of Caring Pharmacy Group Bhd.

5. RAM Ratings says that Malayan Banking Bhd, CIMB Group Holdings Bhd and Public Bank bhd willmore than comfortably meetthe central bank’s new capital requirements.