EVENING 5: Five things you need to know today

TheEdge Tue, May 11, 2021 08:42pm - 2 years View Original


EVENING 5: Public Bank posts record quarterly profit

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

1. Public Bank books a record quarterly net profit of RM1.53 billion for 1QFY21.

2. Bank Negara says the Malaysian economy is on track to grow 6%-7.5% this year .

3. Syed Md Najib Syed Md Noor steps down as Pos Malaysia's group CEO.

4. SoftBank invests RM250 million in Axiata Group’s digital marketing subsidiary ADA.

5. LTAT declares an improved dividend of 3.5% for FY20 versus 2.5% in FY19.

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