EVENING 5: SKS Airways grounded, ceases operations after two years
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. Regional airline SKS Airways Sdn Bhd, recently renamed True Air Sdn Bhd, has announced that it will discontinue its operations.
2. Investment firm Vertical Theme Sdn Bhd is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia Bhd, reports Bloomberg.
3. The High Court on Thursday approved a pension increase for retirees, based on their final salary according to the 2016 Public Services Department circular, effective January 2022.
4. The Federation of Malaysian Manufacturers urged the government to refine its new intern hiring policy, and also called for the lifting of the freeze on foreign workers.
5. Sime Darby Property Bhd is joining hands with Singapore-based YCH Group, a supply chain solutions outfit, to develop logistics hubs in Malaysia, Vietnam and other Asean markets.