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Allianz Malaysia 1Q Net Profit Rises To RM211.69 Mln

KUALA LUMPUR, May 23 (Bernama) -- Allianz Malaysia Bhd’s net profit rose by 11.5 per cent to RM211.69 million during the first quarter ended March 31, 2025 (1Q 2025), compared to RM189.83 million in the corresponding quarter last year, mainly due to higher profit contribution from both insurance segments.

Checkmarx To Showcase Agentic AI Strategy At Upcoming AppSec Summit

KUALA LUMPUR, May 23 (Bernama) -- Checkmarx, the leader in autonomous application security, is set to unveil its latest advancements in agentic artificial intelligence (AI) during the Agentic AI by Checkmarx Summit, taking place virtually on June 24.

Ekuinas Announces Appointment Of Aliff Omar As New CEO

KUALA LUMPUR, May 23 (Bernama) -- Ekuiti Nasional Bhd (Ekuinas) has announced the appointment of Aliff Omar Mohamad Omar as its chief executive officer (CEO), effective today.

TNB Returns Nearly RM3 Billion To Malaysians Through Responsible Growth

KUALA LUMPUR, May 22 (Bernama) -- Tenaga Nasional Berhad (TNB) announced its highest dividend in four years at 51 sen per share, totalling over RM2.96 billion, while reaffirming its commitment to creating long-term value through sound financial management, operational strength, and community investments that benefit both shareholders and the nation.

Public Bank Posts Higher Net Profit Of RM1.75 Bln In 1Q

KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.

Affin-AMMB Merger Will Be Dilutive Due To Significant New Shares Issuance - CIMB Securities

KUALA LUMPUR, May 21 (Bernama) -- CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.

PNB Pays Out RM14.5 Bln In Income And Bonus Distribution For FY2024

KUALA LUMPUR, May 19 (Bernama) -- Permodalan Nasional Bhd (PNB) paid out a total of RM14.5 billion in income and bonus distribution to unitholders for its 18 fixed price funds (FP) and variable price funds (VP) for the financial year ended Dec 31, 2024 (FY2024) against RM13.3 billion in the previous year.

Sunway Construction’s 1Q Net Profit Soars To RM75.71 Mln

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.

Tyler Jones Joins Duck Creek Technologies As Chief Marketing Officer

KUALA LUMPUR, May 20 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has appointed Tyler Jones as Chief Marketing Officer (CMO).

Bursa Malaysia Confirms Unauthorised Trades Resolved, Investors Will Not Incur Losses 

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia Bhd has confirmed that the issue involving unauthorised trades detected on April 24, 2025, has been resolved. Affected investors have been assured they will not suffer any losses from the incident.

Malaysia Autoshow 2025 Attracts RM1.72 Bln Potential Sales - MARii

KUALA LUMPUR, May 19 (Bernama) -- The Malaysia Autoshow 2025 (MAS 2025) concluded its most successful edition yet attracting a record-breaking 294,062 visitors with RM1.72 billion in potential sales, said the Malaysia Automotive Robotics and IoT Institute (MARii).

AM Best Affirms Excellent Ratings For China’s Ping An P&C

KUALA LUMPUR, May 19 (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 Ping An Property & Casualty Insurance Company of China Ltd (Ping An P&C), with a stable outlook for both ratings.