Thursday 28 Sep 2023
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EVENING 5: MACC issues freeze order on Caely’s bank accounts

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

1. Lingerie maker Caely Holdings Bhd, which saw the Malaysian Anti-Corruption Commission issuing a freeze order on its bank accounts, says it is working on the issue. 

2. Axiata Group Bhd announced that its subsidiary edotco Group Sdn Bhd has inked a deal to buy towers in the Philippines for RM3.4 billion. 

3. More revelations from the 1MDB-Tanore trial

4. The ringgit had depreciated past 4.2800 against the US dollar, the weakest level it has seen since June 2020. 

5. ACE Market-bound MN Holdings Bhd saw the public portion of its initial public offering oversubscribed by 118 times. 

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