EVENING 5: BNM imposes penalty on Agrobank for non-compliance
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. Bank Negara Malaysia had, on Sept 3, imposed an Administrative Monetary Penalty of RM660,000 on Bank Pertanian Malaysia Berhad for non-compliance with the Development Financial Institutions Act 2002.
2. Google said its investments in Malaysia would create 26,500 jobs and contribute more than US$3 billion (RM12.4 billion) to its economy by 2030.
3. Pharmaniaga Bhd has appointed Datuk Seri Abdul Razak Jaafar as its independent and non-executive chairman, effective Tuesday, as well as a number of other appointments.
4. RGB International Bhd said the Malaysian Anti-Corruption Commission’s investigation into the company and its managing director Datuk Seri Chuah Kim Seah has been "completed and resolved".
5. CIMB Group Holdings Bhd announced on Tuesday its commitment to extend RM1.5 billion in financing to small and medium enterprises in partnership with Credit Guarantee Corp Malaysia Bhd.
- Intel jumps 10%, as investors cheer appointment of new Malaysian-born CEO Tan
- UWC's 2Q net profit more than doubles on semiconductor industry's strong recovery
- Subang’s turbulence: Malaysia’s airport expansion faces market realities
- Apollo Food 3Q net profit drops 66% on lower margin, absence of one-off gains
- Taghill Holdings sues developer to recover outstanding payment
- Putin backs US ceasefire idea for Ukraine, but says many details need to be sorted out
- Democrats in standoff with GOP as US shutdown deadline nears
- Vocational college murder case: Third accused says did not see victim steal money
- Anglo American plans fresh job cuts at corporate office under restructuring
- Ontario fund hires Alexander Fraser as its global head of private equity