EVENING 5: Five things you need to know today

TheEdge Tue, Oct 03, 2023 07:50pm - 7 months View Original


EVENING 5: BPlant: KLK takeover still pending final decision

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

1. Boustead Plantations says the takeover by KLK is still pending a final decision between the transacting parties.

2. The Court of Appeal allows the reinstatement of Synergy Promenade's suit against Felda and FIC.

3. SWS Capital redesignates its non-executive director Datuk Chua Heok Wee to group managing director.

4. Penang Development Corp’s land sale to Sunway’s Umech Land at an undervalued price sparks concern.

5. AirAsia secures a five-year term loan of up to US$150 million to fund its aircraft maintenance and working capital.

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