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2020-09-22
Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.
1. RHB Research believes the worst is over for Genting Malaysia as its “current valuation is attractive to position for a cyclical recovery”.
2. Tan Sri Jamaludin Ibrahim is retiring as chairman of Celcom Axiata on Oct 15, and will be succeeded by Datuk Izzaddin Idris.
3. The Ministry of Science, Technology and Innovation (MOSTI) says Malaysia is collaborating with Russia on a Covid-19 vaccine.
4. Malaysia’s property market slumped in the first half of 2020, and will likely stay sluggish for the rest of the year.
5. Mercedes-Benz Malaysia sees a firm recovery in vehicle sales, with demand stronger than pre-Covid-19 levels in the past three months.