EVENING 5: Serba subsidiary defaults on bond coupon payment

2021-12-10 723

In today’s edition of Evening 5 — Serba Dinamik’s subsidiary SD International Sukuk defaults on a US$7 million semi-annual coupon payment. Meanwhile, Top Glove Corp’s 1QFY22 net profit shrinks 69.5% quarter-on-quarter and 92.1% year-on-year to RM186 million.