Cooking oil subsidies total RM3.886 billion for 2024-2025
Palm oil windfall profit levies generated RM3.278 billion over the same period, according to the Ministry of Finance.
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Palm oil windfall profit levies generated RM3.278 billion over the same period, according to the Ministry of Finance.
The Ministry of Finance said TNB’s capacity to continue dividend payments is also unaffected by the additional tax claim.
Funds from the proposed public issue would support a new lighting plant, steel pole production and development of its CONNECTcity smart city platform.
The company plans to keep operating and proceed with corporate restructuring after its shares leave Bursa Malaysia.
Diesel prices will be unchanged, with unsubsidised diesel at RM5.27 and subsidised diesel at RM2.10 per litre.
Unsubsidised RON 95 will cost RM4.67 per litre and RON 97 RM5.15, while Budi95 petrol remains at RM1.99 per litre.
The public allocation was oversubscribed by 2.63 times ahead of the interior fit-out company's Oct 16 listing on the ACE Market.
The award takes jobs secured in 2026 to about RM153.4 million, according to the company.
The US Dollar Index rose 0.42 per cent to 102.26 points, with an economist linking the stronger greenback to concerns over Europe’s fiscal outlook.
The senior secured notes are expected to settle on Oct 21, 2026, with a fixed annual coupon of 6.517 per cent.