EVENING 5: Five things you need to know today

TheEdge Tue, Apr 23, 2024 10:00pm - 2 weeks View Original


EVENING 5: Eight contractors face possible MyCC fines for bid rigging

Here’s a quick look at some of the stories that made headlines today.

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

1. Eight contractors face possible Malaysia Competition Commission fines for alleged bid rigging in 2019 in tenders worth RM437 million. 

2. Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines. 

3. Topmix Bhd, a surface decorative company listed on Tuesday, expects its expansion in the northern region of Peninsular Malaysia to boost its earnings growth.

4. Construction and engineering contractor Crest Builder Holdings Bhd said it had secured a condominium project valued at RM486 million in Mont Kiara.  

5. Gadang Holdings Bhd said it will appeal to the Economic Planning Unit for a waiver of the Bumiputera equity requirement to facilitate its acquisition of land in Kwasa Damansara.
 

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