EVENING 5: Five things you need to know today

EVENING 5: Five things you need to know today
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EVENING 5: Sime Darby expects ‘tough’ FY23

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

1. Sime Darby Bhd expects FY23 to be tough as it sees more headwinds than in the past. 

2. Tenaga Nasional Bhd has committed to investing around RM20 billion in capital expenditure annually to fast-track its transformation plan. 

3. AMMB Holdings Bhd’s 1QFY23 net profit rose 8% on lower impairment charges. 

4. Kuala Lumpur Kepong Bhd saw a softer 3QFY22 but expects a favourable rest of the year. 

5. AME Real Estate Investment Trust has plans to acquire industrial properties from third-party vendors in the central and northern regions of Peninsular Malaysia.