Thursday 12 Dec 2024
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EVENING 5: No CGT, FSI taxes on unit trusts

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

1. The government exempts unit trusts from capital gains tax and taxes on foreign-sourced income.

2. The MAA will meet with the government over rumours that luxury cars will be subject to the high-value goods tax.

3. MSM Malaysia Holdings expects to raise its Johor plant's utilisation factor by 10 percentage points in FY2024.

4. Heavy selling resume in shares of Rapid Synergy and YNH Property, companies linked to Datuk Dr Yu Kuan Chon.

5. BLD Plantation acquires two properties in Bintulu, Sarawak, for RM24 million for its business expansion.

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