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. Sime Darby Bhd has inked a deal to sell its 30% stake in Tesco Stores (M) Sdn Bhd for RM300 million. 

2. Ex-Permodalan Nasional Bhd CEO has apparently been tipped to take the top job at CIMB Group Holdings Bhd.

3. Sime Darby Property Bhd has announced a new senior management line-up.

4. Grab Malaysia is shifting its focus to empower Malaysia’s small traditional businesses. 

5. Green Packet Bhd subsidiary Kiplepay Sdn Bhd has teamed up with the Coalition of Malay Small Traders Association to digitally aid traders during Ramadan.