EVENING 5: Petronas right-sizing workforce to face challenges - group CEO
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. Petroliam Nasional Bhd intends to right-size its workforce in view of an evolving and increasingly challenging global operating environment, said its president and group chief executive officer Tan Sri Tengku Muhammad Taufik.
2. Shares of Inari Amertron Bhd surged as investors bet that its key client Broadcom Inc would benefit from higher orders.
3. YNH Property Bhd has clarified that its sale of AEON Mall Seri Manjung in Perak to Sunway Real Estate Investment Trust is subject to shareholders’ approval.
4. Theta Edge Bhd is raising up to RM46.01 million through the issuance of 35.39 million new shares to Threadstone Capital Sdn Bhd.
5. Proton Holdings Bhd’s electric vehicle assembly plant in Tanjung Malim will mark a new chapter in strengthening the development of the Automotive High Technology Valley, said Perak Menteri Besar Datuk Seri Saarani Mohamad.