Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.
1. Axiata Group Bhd’s president and group CEO Datuk Izzaddin Idris will step down at the end of the month.
2. Petronas Chemicals Bhd posted a record high quarterly net profit on the back of strong demand for its products.
3. A one-off sale of land helped to boost Boustead Group’s 1QFY22 earnings almost seven-fold.
4. Bursa Malaysia suspended short selling on Power Root Bhd after a precipitous drop in its share price.
5. McDonald’s Malaysia says it is facing operating costs and that it will continue to assess the situation to make impactful and effective business decisions.