4m ago
KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened higher today but retreated thereafter, driven by mild profit-taking in selected heavyweights as Wall Street continued its uptrend, analysts said.
5m ago
KUALA LUMPUR, April 10 (Bernama) -- AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.
5m ago
KUALA LUMPUR, April 8 (Bernama) -- Pelaburan Hartanah Bhd (PHB) and PHB Asset Management Bhd (PHBAM) have announced an interim income distribution of 2.50 sen per unit for its shariah-compliant unit trust, Amanah Hartanah Bumiputera (AHB), for the six-month period ended March 31, 2025.
5m ago
KUALA LUMPUR, April 7 (Bernama) -- Preparatory meetings for the 12th ASEAN Finance Ministers and Central Bank Governors' Meeting (AFMGM) began this morning as senior officials commence finalising documents for their ministers to discuss later this week, with a clear emphasis on enhancing regional financial integration.
5m ago
KUALA LUMPUR, March 27 (Bernama) -- AMMB Holdings Bhd (AmBank Group) is expected to sustain strong earnings growth quarter-on-quarter, driven by robust loan expansion and lower operating expenses following the absence of a bonus provision, Public Investment Bank Bhd (PIVB) said.
5m ago
KUALA LUMPUR, March 21 (Bernama) -- AmBank Islamic Bhd has granted up to RM180 million in financing facilities to Nextgreen Global Bhd’s subsidiary, Ultimate Ivory Sdn Bhd, to fund land reclamation, infrastructure development and utilities for Nextgreen’s Green Technology Park (GTP) in Pahang.
6m ago
KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.
6m ago
KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
6m ago
KUALA LUMPUR, Feb 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a lower net profit of RM486.49 million for the third quarter (3Q) ended Dec 31, 2024, down from RM543.41 million a year earlier.
7m ago
KUALA LUMPUR, Feb 14 (Bernama) -- MNRB Holdings Bhd (MNRB) has appointed former AmBank Group chief executive officer, Datuk Sulaiman Mohd Tahir as its new non-independent and non-executive chairman, effective today.
7m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
7m ago
KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).