EVENING 5: PM unveils RM150 bil PEMULIH recovery plan

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

1. PM Tan Sri Muhyiddin Yassin has unveiled the RM150 billion Economic Recovery and People’s Protection Package, or PEMULIH. 

2. Malayan Banking Bhd’s group CFO Datuk Amirul Feisal Wan Zahir has resigned to take up a managing director position at a government-linked company. 

3. Serba Dinamik Holdings Bhd saw its counter hit fresh new lows as Bursa Malaysia gave it a hard deadline for the appointment of an independent reviewer. 

4. At least three research houses have lowered their target prices for MyNews Holdings Bhd following its largest quarterly loss. 

5. Tenaga Nasional Bhd says the government has decided to maintain the imbalance cost pass-through rebate.