EVENING 5: Five things you need to know today

EVENING 5: Five things you need to know today
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EVENING 5: Govt urges palm oil mills to resume production

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.