Thursday 25 Apr 2024
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EVENING 5: Carsome said to have raised US$300mil

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

1. Malaysia’s first unicorn Carsome is said to have raised almost US$300 million (about RM1.26 billion) ahead of a planned IPO in the US.

2. CGS-CIMB Research expects Bursa Malaysia’s 4QFY21 net profit to shrink on the back of weak trading activities.

3. Supermax Corp’s workers want a judicial review of the British government's decision to approve the glove maker as an NHS supplier.

4. Mah Sing Group meets its RM1.6 billion sales target for FY21, and now aims to launch RM2.4 billion worth of properties this year.

5. MEX I Capital proposes to issue two Islamic bonds with a collective value of over RM3 billion under the Musharakah principle.

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