Saturday 20 Apr 2024
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EVENING 5: Ekovest confirms eyeing RTS takeover

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

1. Ekovest confirms it is currently in discussions to explore a potential takeover of the cross-border RTS Link project.

2. Tenaga Nasional sees its latest quarterly net profit slip 6.84% to RM893.1 million due to higher tax expenses.

3. Public Bank’s 1QFY22 earnings fall by 8.59% to RM1.4 billion due to the recognition of the prosperity tax.

4. RHB Bank's 1QFY22 net profit tumbles 7.69% to RM600.27 million, no thanks to higher taxes and lower net income.

5. Lembaga Tabung Haji continues to record historic highs with total deposits reaching RM88 billion as of May.

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