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 Mon, 24 Feb 2020, 08:52AM

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

1. In a shocking turn of events,Tun Dr Mahathir Mohamad is now interim Prime Ministerafter quitting this morning as both PM and Bersatu chairman.

2. Bank Negara ismonitoring the conditions in the financial marketsas the ringgit weakens and the FBM KLCI falls to an eight-year low.

3. Datuk Seri Najib Razak’s lawyerswill not be calling a document expertto testify at the SRC International trial after all.

4.UEM Sunrise sees a six-fold surge in 4Q net profit, mainly on the back of a gain from its divestment of the 412 St Kilda Road site in Melbourne.

5. Serba Dinamik Holdings is in the final stage ofthe underwriting of a RM1.2bil Islamic syndicated financingwith five Malaysian and foreign banks.

updated at: Fri, 29 May 2020 MYT
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