EVENING 5: Five things you need to know today

TheEdge Thu, Feb 06, 2020 08:33pm - 4 years View Original


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

1. Putrajaya expects to save some RM3.1bil on the Sarawak stretch of the Pan-Borneo Highway project, thanks to a new project funding agreement.

2. Amid the AirAsia-Airbus bribery scandal, PM Tun Dr Mahathir Mohamad says getting an offset in business deals is normal unless one pockets the money.

3. Careplus Group’s share price tumbles by over 7% after it said it was selling a 50% stake in its wholly-owned subsidiary Careplus (M).

4. Berjaya Food says its overall results for the remaining quarters of FY20 will be adversely affected by the adoption of MFRS 16: Leases.

5. Bloomberg says Tesco is inviting Thai tycoons to the second round of bidding for its operations in Thailand and Malaysia.

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