Saturday 20 Apr 2024
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EVENING 5: Supermax 3Q plunges 99% as demand cools

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

1. Supermax Corp Bhd’s net profit for 3QFY22 plunged 99% as demand for gloves continued to cool. 

2. Affin Bank Bhd intends to reward its shareholders with a special dividend once its disposal of Affin Hwang Asset Management Bhd is complete. 

3. The ringgit weakened against the Singapore dollar past 3.2 for the first time before rebounding later on. 

4. Hibiscus Petroleum Bhd’s 3QFY22 net profit skyrocketed more than ten-fold due a confluence of factors. 

5. The High Court upheld the Mareva injunction imposed on fugitive Low Taek Jho and his father Tan Sri Larry Low Hock Peng. 
 

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