Thursday 12 Dec 2024
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EVENING 5: Bursa fines, reprimands RHB IB for breaching listing requirements

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.  Bursa Malaysia Securities Bhd has publicly reprimanded and fined RHB Investment Bank Bhd (RHB IB) for breaches related to the proposed listing of an ACE Market applicant.

2. There is cautious optimism surrounding the recovery of Malaysia’s property market as total property transaction value hit RM85.37 billion in the first half of 2023.

3. Tenaga Nasional Bhd’s indirect subsidiary Southern Power Generation Sdn Bhd has been allowed to proceed with its challenge of the Inland Revenue Board.

4. Property developer Sunsuria Bhd has partnered with Australian integrated cancer care provider Icon Group to set up and operate oncology centres in the country. 

5. Further discussions between Malaysia and Singapore to create a Johor-Singapore special economic zone will be followed by an agreement, said Menteri Besar Datuk Onn Hafiz Ghazi.
 

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