EVENING 5: Five things you need to know today

TheEdge Thu, Jun 30, 2022 08:26pm - 1 month View Original


EVENING 5: Six telcos agree to DNB stake deal

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

1. The government says six local telcos have agreed to take up the stakes offered in Digital Nasional Bhd.

2. MR DIY Group (M) says it may have to raise prices in the future, though it will do so in a “very responsible way”.

3. Bank Negara Malaysia says the domestic banking system remains well capitalised to support economic recovery.

4. Country Heights Holdings allocates RM100 million to expand and strengthen its wellness business segment.

5. Reach Energy will issue 1.03 billion new shares to offset debt owing to Super Racer amounting to US$49.56 million.

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