EVENING 5: Najib apologises to all M’sians, regrets 1MDB scandal
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. Imprisoned former prime minister Datuk Seri Najib Razak has apologised and expressed regret that the 1Malaysia Development Bhd scandal happened under his watch.
2. Two major shareholders of Rexit Bhd were sentenced to jail in a Singaporean court for participating in a conspiracy to illegally obtain data of over 9,000 people.
3. Nestlé (Malaysia) Bhd's net profit fell 36% for the third quarter, due to a lower revenue caused by a drop in domestic sales.
4. ACE Market-bound Metro Healthcare Bhd expects a rise in demand for its fertility treatments, as declining birth rates and delayed family planning contribute to higher needs for reproductive assistance.
5. Negotiations over the redevelopment of major transport hub Kuala Lumpur Sentral are expected to be completed this year, paving the way for the project's launch in 2025, said Transport Minister Anthony Loke.