AmInvest Declares RM133.2 Mln Income Distribution For 47 Funds
KUALA LUMPUR, March 25 (Bernama) -- AmInvest has declared an income distribution of about RM133.2 million for 47 unit trust and wholesale funds from October to December 2024.
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AME Elite To Sell 3 Industrial Properties In Johor For RM100.8 Mln To AME REIT
KUALA LUMPUR, March 24 (Bernama) -- AME Elite Consortium Bhd has proposed to sell three industrial properties in Johor, totalling 3.579 hectares, to AME Real Estate Investment Trust (AME REIT) for RM100.8 million in a related party transaction.
Malaysia’s Currency In Circulation Rises 5.5 Percent To RM170.7 Bln In 2024
KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s currency in circulation (CIC) rose by 5.5 per cent year-on-year to RM170.7 billion as of Dec 31, 2024, reversing a 0.2 per cent decline in 2023, where it stood at RM161.8 billion.
Bintulu Port Holdings Pays RM3.6 Mln Zakat To Tabung Baitulmal Sarawak
KUCHING, March 21 (Bernama) -- Bintulu Port Holdings Bhd (BPHB) paid RM3.6 million zakat for 2024 to Tabung Baitulmal Sarawak (TBS), which is its highest zakat contribution to date.
Tabung Haji Maintains Prudent Investment Approach Amid Global Economic Uncertainty - CEO
KUALA LUMPUR, March 21 (Bernama) -- Lembaga Tabung Haji (TH) will continue to manage its investment portfolio prudently to ensure capital preservation and sustainable dividend returns despite global economic challenges in 2025.
Excellent Credit Ratings Assigned To China Taiping Insurance (Macau) - AM Best
KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of China Taiping Insurance (Macau) Company Limited (CTIM).
Pharmaniaga Shareholders Approve Regularisation Plan To Exit PN17 At EGM
KUALA LUMPUR, March 20 (Bernama) – Pharmaniaga Bhd is moving forward with its regularisation plan to exit Practice Note 17 (PN17) status following shareholders’ approval of three key resolutions at the group’s extraordinary general meeting (EGM) today.
Takaful Ikhlas Posts Highest Surplus Distribution Of RM6.3 Mln
KUALA LUMPUR, March 20 (Bernama) -- Takaful Ikhlas General Bhd, a wholly-owned subsidiary of MNRB Holdings Bhd, recorded its highest surplus distribution of RM6.3 million for the financial year ended March 31, 2024.
Unit Trust Funds Remain Largest CIS Component With RM546.08 Bln NAV
KUALA LUMPUR, March 20 (Bernama) -- Unit trust funds remained the largest component of Malaysia’s collective investment schemes (CIS) industry, with a total net asset value (NAV) of RM546.08 billion as at Dec 31, 2024.
Business Wire Unveils Redesigned Website For Enhanced News Distribution
KUALA LUMPUR, March 19 (Bernama) -- Business Wire, the global leader in press release distribution, has launched its redesigned website, BusinessWire.com, delivering a high-performance platform for press releases with a modern design and enhanced user experience for news distributors and media professionals.
I-BAP Grants Worth RM2.96 Mln Provided To 48 Indian-owned Enterprises
KUALA LUMPUR, March 19 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP), through SME Corporation Malaysia, has channeled grants totalling RM2.96 million to 48 small Indian-owned enterprises under the Business Accelerator Programme for Indian Small Businesss (I-BAP) to date.
Petronas, Petros Fine-Tuning Details On Gas Aggregator Role
KUALA LUMPUR, March 15 (Bernama) -- Petroliam Nasional Bhd (Petronas) is working closely with the federal government, Sarawak government as well as Petroleum Sarawak Bhd (Petros) on the details of the future arrangement regarding Petros’s role as the state’s gas aggregator.