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. MoF is formulating an economic recovery plan post Covid-19 amid a warning of grave consequences from the MCO extension.

2. Petronas is reportedly considering raising this year’s dividend to help the government fund its RM250 billion stimulus package.

3. Sunway ventures into fintech with its acquisition of a 51% stake in credit reporting agency Credit Bureau Malaysia (CBM).

4. In a rare move, Maxis says it considers it prudent to withdraw its previously advised guidance for FY20 amid the Covid-19 pandemic.

5. Maybank is providing a RM70mil loan to Ditrolic Energy Solution to help finance a programme that would help generate cheaper electricity.