Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.
1. Philippines' Universal Robina Corporation buys Munchy Food Industries for RM1.925 billion on a “cash-free, debt free” basis.
2. Bursa Malaysia ends broadly lower amid weak sentiment following the emergence of a new Covid-19 variant in South Africa.
3. AmBank books a 35.3% increase in 2QFY22 earnings to RM321.04 million on lower impairment charge.
4. Axiata Group reports a 25.9% quarter-on-quarter growth in 3QFY21 net profit on higher revenue as well as improved EDITDA.
5. Malakoff’s 3QFY21 net profit drops 43% from the preceding quarter, on lower contribution from Tanjung Bin Power's Johor coal plant.