Saturday 20 Apr 2024
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EVENING 5: Proton’s sales jump 70% in June

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

1. Proton Holdings sells nearly 70% more vehicles in June compared with the previous month, thanks to sales tax waivers and pent-up demand.

2. US prosecutors file new lawsuits to recover US$96mil in assets that Low Taek Jho allegedly bought with money siphoned from 1MDB.

3. Umno files a contempt proceeding against CIMB Bank for failing to release the monies from the party’s bank accounts.

4. Khazanah Nasional pledges to continue to uphold good governance and practice strong risk management to deliver on its mandate.

5. The Federal Court will hear contempt of court proceedings initiated by Attorney-General Tan Sri Idrus Harun against Malaysiakini.

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