Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.
1. Bank Negara Malaysia will tighten the key interest rate by a quarter-point for the fourth time in a row this Thursday, a Reuters poll shows.
2. RHB Research projects an 8% to 15% core earnings dilution for telcos for the financial years 2023-2024 following the revised 5G wholesale rates.
3. Syarikat Takaful Malaysia Keluarga’s 3QFY2022 net profit rises 20.2% to RM87.27 million on higher net wakalah fee income.
4. SKB Shutters Corp buys industrial land in the Eco Business Park V for RM35.97 million to set up its new automated manufacturing plant.
5. ACE Market-bound IT support services provider Infomina will be listed at 40 sen a share, for a market value of about RM240.5 million.