Wednesday 24 Apr 2024
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EVENING 5: Capital A rejected Danajamin loan due to unreasonable terms

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

1. Capital A Bhd CEO Tan Sri Tony Fernandes has clarified that the group rejected the Danajamin loan as it deemed some of the conditions imposed to be unreasonable. 

2. An OCBC Bank economist reckons that the government may lean on national oil firm Petroliam Nasional Bhd to help with its growing subsidy bill. 

3. The government is committed to ensuring that employees of government-linked companies and government-linked investment companies are paid at least RM1,500 a month. 

4. Bursa Malaysia ACE Market-bound pawnshop operator Pappajack Bhd is scheduled for listing on April 1. 

5. Private equity firm Creador said it has acquired a significant minority stake in local food industry supplier Custom Food Ingredients. 
 

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