EVENING 5: Five things you need to know today

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

1. Dewan Rakyat will meet on March 2 to elect a new Prime Minister since no one has shown the King that he can command a clear majority.

2. Tun Dr Mahathir Mohamad proposes to lower the EPF contribution rate and increase cash handouts, among others, under a RM20 billion stimulus package.

3. Maybank reports solid 4Q results, boosting its full-year earnings to a new record of RM8.2 billion.

4. RHB Bank sees a 9.8% jump in 4Q net profit and declares a final dividend of 18.5 sen/share.

5. AirAsia Group bleeds in FY19, mainly due to the absence of a RM1.1 billion gain in 2018.