EVENING 5: Five things you need to know today

EVENING 5: Petronas cuts capex as 1Q earnings plunge by theedgetv

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

1. Petroliam Nasional Bhd (Petronas) slashes its capital expenditure as 1QFY20 net profit plunges 68%.

2. CIMB Group Holdings Bhd sees its 1QFY20 hit hard by lower income and higher provisions. 

3. Public Bank Bhd keeps it steady for 1QFY20 but warns of pressure ahead

4. Sime Darby Plantation Bhd sees its net profit surge for 1QFY20.

5. Malaysia Airports Holdings Bhd slips into the red as the fallout from Covid-19 restrictions continues to hurt.