Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.
1. CGS-CIMB Research expects AirAsia Group to post a core net loss of RM1.1bil for FY20 amid the Covid-19 outbreak.
2. Singapore’s expected S$10.9bil budget deficit could lead to financial markets being more lenient on other countries in the region veering away from fiscal targets.
3. Petronas Gas sees a 61.4% jump in 4Q net profit to RM485.27mil, and announces a 32 sen interim dividend.
4. Shipping firm MISC reports a 26% slump in 4Q earnings to RM249.9mil, and declares a dividend of 12 sen/share.
5. Tiger Synergy and its executive chairman Datuk Tan Wei Lian say they filed an originating summons against major shareholder Safari Alliance last Friday.