EVENING 5: Five things you need to know today

TheEdge Mon, Apr 01, 2024 09:32pm - 2 months View Original


EVENING 5: EC opens LSS5 up for bidding

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. The Energy Commission opens LSS5 up for bidding, offering a total generation quota of 2,000MW.

2. Boustead Heavy Industries Corp’s disposal of its Boustead Naval Shipyard stake to the MOF is extended again.

3. Mavcom expects air travel demand to return to pre-pandemic levels by year-end, but risks loom over the shortage in aircraft.

4. Bank Pembangunan Malaysia appoints AMMB Holdings’ former CEO Datuk Sulaiman Mohd Tahir as its chairman.

5. The government raises the allocation for phase 2 of the Rahmah Cash Aid by 20% to RM1.5 billion this year.

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