Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.
1. Malaysian authorities have called on palm oil millers to resume production despite a recent price drop.
2. AMMB Holdings’ 51%-owned subsidiary AmGeneral Holdings has obtained MoF’s approval for the sale of its entire stake in AmGeneral Insurance to Liberty Insurance.
3. Mah Sing Group Bhd has acquired a plot of land in Johor Bahru to develop a mixed project that will have an estimated gross development value of RM469 million.
4. Poh Huat Resources Bhd saw its 2QFY22 net profit jump 82% but warns of curveballs ahead.
5. Genting Group founder Tan Sri Lim Goh Tong’s grandson Lim Keong Han is venturing into the health and wellness market.