EVENING 5: Five things you need to know today

EVENING 5: Five things you need to know today
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EVENING 5: KNM to sell Borsig at a loss for RM1 billion

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

1. KNM Group is selling German unit Borsig at a loss to GPR Siebzigste Verwaltungsgesellschaft for RM1.03 billion.

2. Sime Darby’s 3QFY22 net profit tumbles by 18.67% as Covid-19-related disruptions hurt its core businesses.

3. Serba Dinamik Holdings has been slapped with yet another suit, this time from Malaysian Trustees.

4. Datuk Seri Dr Ahmad Zahid Hamidi tells why he transferred over RM17 million from Yayasan Akalbudi to a law firm.

5. Penang-based electronics manufacturing solutions provider Cnergenz makes its debut on the ACE Market.