EVENING 5: Five things you need to know today
06 Jan 2025, 10:30 pm

EVENING 5: Najib’s addendum appeal allowed, case heads to High Court

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. A three-member Court of Appeal bench on Monday ruled to allow former prime minister Datuk Seri Najib Razak’s appeal, to have the merits of his challenge over the existence of an addendum, purportedly issued by the 16th Yang di-Pertuan Agong for him to serve the remainder of his jail sentence under house arrest, to be heard at the High Court.

2. Cafe chain operator Oriental Kopi Holdings Bhd set its initial public offering price at 44 sen apiece in a share sale that would raise RM183.96 million.

3. Gateway Development Alliance, the consortium proposing to privatise Malaysia Airports Holdings Bhd, has extended the closing time and date for the acceptance of its takeover offer.

4. Shares of glove manufacturers rallied on Monday in active trade amid reports of new virus infections in China, though authorities have downplayed the infections as seasonal winter peak.

5. Oil and gas services firm Keyfield International Bhd is acquiring a five-year-old platform supply vessel for US$17.6 million (RM79.2 million).
 

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