EVENING 5: Public Bank founder’s demise to impact shareholding

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

1. Tan Sri Dr Teh Hong Piow’s demise is expected to trigger a major change in the Public Bank’s shareholding structure.

2. Ex-Public Service Department DG Datuk Seri Mohd Shafiq Abdullah plans to file a legal suit over the termination of his service.

3. PM Datuk Seri Anwar Ibrahim tells all government departments to work on measures for targeted subsidies.

4. ITMAX System jumps on its maiden trading day and talks plans to up video surveillance facilities in Kuala Lumpur.

5. AmInvestment Bank expects glove makers to slip into the red or widen losses in 4Q2022 and 1Q2023.