EVENING 5: Five things you need to know today

TheEdge Thu, Jan 11, 2024 09:23pm - 3 months View Original


EVENING 5: Malaysia-Singapore finalise the JS-Special Economic Zone

Here’s a quick look at some of the stories that made headlines today.

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

1. Economy minister Rafizi Ramli has signed a memorandum of understanding with Singapore’s minister of trade and industry Gan Kim Yong to formalise the cooperation of both countries on the Johor-Singapore Special Economic Zone.

2. Former finance minister Tun Daim Zainuddin said that the decision to join the government from 1984 to 2001 and serve the country came at "a great financial loss" to him and his family.

3. Prolintas Managers Sdn Bhd, has successfully obtained RM2.7 billion worth of financing to restructure four highway concessions it owns, paving the way for the listing of the respective concession companies.

4. JAG Capital Holdings Bhd’s mandatory general offer for KUB Malaysia Bhd is not due to any valuation issues, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

5. Warisan TC Holdings Bhd’s unit has been appointed as the sole and exclusive distributor of electric vehicles for the Chinese car manufacturer, GAC AION.

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