High-5 white knights stand firm

Silver Bird bread factory in Shah Alam.

THE change in Silver Bird Group Bhd’s name has yet to change High-5 Conglomerate Bhd’s fate.

In fact, the company’s financials are not improving and now, its regularisation plan is rejected by Bursa Malaysia as the regulator doubted High-5’s ability to fully eliminate the accumulated losses under the revised plan in the near future.