EVENING 5: Five things you need to know today

TheEdge Mon, Nov 14, 2022 09:12pm - 1 year View Original


EVENING 5: High court dismisses forfeiture in Pavilion condo raid

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

1. The High Court has dismissed the forfeiture of a large number of luxury items that were seized as part of the raid by the police in May 2018.  

2. The government has declared Nov 18 and 19 as public holidays to enable electors to vote in the 15th general election. 

3. Petronas Gas Bhd’s net profit in the third quarter was impacted by higher operating costs and unfavourable exchange movements. 

4. Minority shareholders of Hextar Industries Bhd have been told to reject the takeover bid by its major shareholder Hextar Holdings Sdn Bhd. 

5. Kejuruteraan Asastera Bhd has inked 20-year solar power purchase agreements with a unit of Nextgreen Global Bhd. 
 

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