EVENING 5: IPIC, Aabar to pay US$1.8 billion 1MDB settlement

In today’s edition of Evening 5 — IPIC and its subsidiary Aabar Investments PJS agree to pay the government US$1.8 billion to settle a dispute over the 1MDB fiasco. Meanwhile, a massive vaccine provision pulls Pharmaniaga into the red, triggering the PN17 status for financially distressed firms.