EVENING 5: Sime Darby sells Weifang Port for RM1.27bil

In today’s edition of Evening 5 — Sime Darby divests Weifang Port companies in China for about RM1.27 billion, marking its full exit from the ports business. Meanwhile, Bank Negara will raise rates by 25 basis points on Wednesday, its first consecutive rise in more than a decade, a Reuters poll found.