Friday 26 Apr 2024
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EVENING 5: Serba Dinamik fails to get stay of court decision

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

1. The KL High Court dismisses Serba Dinamik’s formal application to suspend the order to release EY Consulting's fact-finding update.

2. The IRB is set to provide tax relief for Covid-19 detection test and vaccination expenses in its 2021 tax relief assessment.

3. Supermax Corp aborts a plan to buy two pieces of freehold land in Setia Alam, Selangor from S P Setia's subsidiary Bandar Setia Alam.

4. The IMF says Malaysia’s economy is set for a gradual recovery, with real GDP growth at 3.1% in 2021, before accelerating to about 5.75% this year.

5. MARGMA president Dr Supramaniam Shanmugam says demand for gloves in 2022 and 2023 will be 10% to 15% higher than the pre-Covid 19 level.

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