EVENING 5: Gamuda finalises RM4.5 bil highway disposal draft

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

1. Gamuda Bhd’s four Klang Valley highway concession holdings companies have finalised the conditions for the sale of its highways for RM4.5 billion. 

2. The Ministry of Finance says that there will be no new taxes introduced until Malaysia’s economic recovery is firmly on track. 

3. MSM Malaysia Holdings Bhd says it is committed to its plan to overcome cost pressures. 

4. Magna Prima Bhd’s shareholders have refused to approve its directors’ remuneration. 

5. Maybank Investment Bank sees the Malaysian initial public offering pipeline to value at around RM3 billion in 2H22.