Thursday 28 Mar 2024
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EVENING 5: Restructuring at Ancom group

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

1. Ancom, Ancom Logistics and Nylex (Malaysia) will undergo a restructuring exercise, sources tell The Edge.

2. Pharmaniaga and Duopharma Biotech shares jump on news that they will be bottling the Covid-19 vaccine once it is developed.

3. The Tourism, Arts and Culture Ministry expects a 75% drop in tourist arrivals for 2020 from last year.

4. Datuk Shahrol Azral Ibrahim Halmi concedes that Goldman Sachs had misled 1MDB with regard to the Tanjong Energy deal.

5. Resorts World Sentosa, owned by Genting Singapore, has made a one-off cut in its workforce.

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