1y ago
KUALA LUMPUR, April 2 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical), a global owner, operator and provider of management services and products to cosmetic treatment centres, reported a mixed performance with a decline in quarterly figures but a notable increase in annual revenues.
1y ago
KUALA LUMPUR, March 27 (Bernama) -- ACE Market-listed Southern Score Builders Bhd has proposed to transfer its listing and entire issued share capital to the Main Market of Bursa Malaysia.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia extended its winning streak for a third consecutive day today, buoyed by renewed investor confidence and strategic repositioning, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- Malayan Banking Bhd (Maybank) will tap fully growth opportunities that arise as Malaysia assumes the ASEAN chairmanship this year, especially in areas of sustainability, transition finance, and micro, small, and medium-sized enterprises (MSMEs).
1y ago
KUALA LUMPUR, March 25 (Bernama) — The International Islamic Liquidity Management Corporation (IILM) has secured a new high-quality asset worth US$500 million (US$1=RM4.435) as it expands its asset pool to meet the growing demand for its short-term Islamic papers.
1y ago
KUALA LUMPUR, March 25 (Bernama) -- Madison International Realty, a real estate private equity firm, has expanded its footprint in Asia with the appointment of Jun Park as Head of South Korea and the opening of its first office in the country.
1y ago
KUALA LUMPUR, March 24 (Bernama) – Malaysia saw a significant rise in sustainable and responsible investment (SRI) sukuk issuances last year, reaching RM11.9 billion — an almost ninefold increase since its introduction in 2017— thanks to a supportive regulatory framework.
1y ago
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) will remain steadfast in ensuring monetary stability to support sustainable economic growth in the long term.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.