Thursday 25 Apr 2024
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EVENING 5: Syed Mokhtar gets greenlight to privatise MMC

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

1. MMC Corp Bhd’s shareholders have given the greenlight for major shareholder tycoon Tan Sri Syed Mokhtar Albukhary to take the company private.  

2. The government says that it currently has no plans to impose a windfall tax on companies that made extraordinary profits during the Covid-19 pandemic. 

3. Sapura Energy Bhd reported its third straight quarter of losses due to a Covid-19 double whammy. 

4. Top Glove Corp Bhd executive chairman Tan Sri Dr Lim Wee Chai has bought shares in the company for the first time in three months. 

5. It was learned in the High Court today that ex-PM Datuk Seri Najib Razak had asked the National Audit Department to drop “sensitive information” from the 1Malaysia Development Bhd 2016 audit report. 

 

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