EVENING 5: Five things you need to know today

TheEdge Wed, Apr 24, 2024 10:16pm - 1 week View Original


EVENING 5: MYAirline runs out of time, loses licence to operate

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. The Civil Aviation Authority of Malaysia has revoked the air operator's certificate of MYAirline Sdn Bhd after it failed to find a new investor before the April 14 deadline.

2. Several important developments related to Digital Nasional Bhd will be announced on Thursday, said Communications Minister Fahmi Fadzil.

3. Capital A Bhd’s board of directors has decided to extend Tan Sri Tony Fernandes' tenure as the chief executive officer for another five years.

4. ACE Market-bound Farm Price Holdings Bhd said it intends to expand in Singapore, leveraging the strengthening Singapore dollar.

5. Suria KLCC's established reputation as a premier shopping destination has proved an effective buffer against new competition, according to KLCCP Stapled Group chief executive officer Datuk Md Shah Mahmood.
 

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