EVENING 5: Telcos seek majority stake in DNB

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

1. Malaysia’s four largest telecommunications companies are seeking a majority stake in Digital Nasional Bhd according to Reuters. 

2. Aeon Co (M) Bhd said that prices at its retail outlets have increased between 3% and 5%.  

3. Affin Bank Bhd listed two “threats” possibly posed by the entry of digital banks, namely cost and talent. 

4. Tomei Consolidated Bhd says that it will continue to add more stores in underserved areas. 

5. TPC Plus Bhd’s external auditor has expressed an opinion with material uncertainty regarding its inability to continue as a going concern.