EVENING 5: Five things you need to know today
23 Jan 2025, 10:58 pm

EVENING 5: MRCB to jointly undertake RM6.25 bil GDV Ipoh Sentral

 

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. Malaysian Resources Corp Bhd is partnering Ipoh Sentral Sdn Bhd to jointly develop the Ipoh Sentral project, with an estimated gross development value of RM6.25 billion.

2. Oriental Kopi Holdings Bhd concluded its maiden trading day on the ACE Market of Bursa Malaysia with its share price almost doubled.

3. The High Court allowed the forfeiture of Ricky Wong Shee Kai’s luxury condominium unit at Four Seasons Place in Kuala Lumpur, as well as RM445,039.28 in his personal fixed deposit account.

4. Westports Holdings Bhd reported a record-high net profit of RM256.7 million for the fourth quarter driven by higher container revenue.

5. The Securities Commission Malaysia assured investors that it is closely monitoring recent takeover activities and to safeguard the integrity of the capital market, citing recent interest in such matters.
 

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