Govt Recovers RM27.17 Bln Linked To 1MDB As Of September 2024 - Yeoh
KUALA LUMPUR, Oct 15 (Bernama) -- The government has recovered a total of RM27.17 billion related to 1Malaysia Development Bhd (1MDB) as of Sept 30, 2024.
| LATEST NEWS | Cambodia and Thailand agree to immediate ceasefire effective noon (local time) on Saturday (Dec 27, 2025) — Joint Statement | Two killed, four injured in three-vehicle collision at KM45.6 of Senai-Desaru Expressway early this morning - JBPM | A moderate earthquake struck South Sumatra, Indonesia, at 8.22 am; no tsunami threat to Malaysia - MetMalaysia | |
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EBC Financial Group Improves Liquidity, Reduces Trading Costs On Major Stock Indices
KUALA LUMPUR, Oct 14 (Bernama) -- Amidst a global stock market resurgence, EBC Financial Group (EBC) has enhanced liquidity for five major stock indices, namely the United States (US) Dow Jones, Nasdaq, S&P 500, the A50 (China), and the Hang Seng Index (Hong Kong).
PMB Investment Announces Total Gross Distribution Of RM2.88 Mln For Dana Bestari
KUALA LUMPUR, Oct 14 (Bernama) -- PMB Investment Bhd today announced a total gross distribution of RM2.88 million for PMB Dana Bestari for the financial year ended Sept 30, 2024, with unitholders receiving an income distribution of 2.93 sen per unit.
Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach
KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst.
MBSB Bank Introduces New Competitive Campaign Rates For Individuals, SMEs
KUALA LUMPUR, Oct 8 (Bernama) -- MBSB Bank Bhd has announced its latest campaign rates, offering competitive financial solutions for both individual and small and medium enterprise (SME) customers.
Collaborative Efforts Between GLICs Drive Greater Domestic Investment -- Khazanah
KUALA LUMPUR, Oct 7 (Bernama) -- Government-owned entities, which are “typically criticised” for “crowding out” private players, have a responsibility to “crowd in” private players and other stakeholders, said Khazanah Nasional Bhd managing director Datuk Amirul Feisal Wan Zahir.
KIP REIT Secures Approval For RM320 Mln Acquisition Of DPulze Shopping Centre
KUALA LUMPUR, Oct 2 (Bernama) -- KIP Real Estate Investment Trust (KIP REIT) has secured shareholders’ approval to acquire DPulze Shopping Centre in Cyberjaya for RM320 million.
Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife
KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.
GLICs Reiterate Commitment To Support MADANI Economy Framework
JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.
LTAT's Reinvestment Strategy To Unlock Growth, Support Retirement Commitments – Economist
KUALA LUMPUR, Sept 28 (Bernama) — The sale and purchase agreement (SPA) signed by the Armed Forces Fund Board (LTAT) is set to align with its long-term reinvestment strategy, focusing on enhancing returns and ensuring sustainable financial growth, said economist Prof Dr Geoffrey Williams.
Sarawak Becomes Largest Shareholder In Affin Bank With 31.25 Pct Stake
KUALA LUMPUR, Sept 27 (Bernama) -- The Sarawak state government, through its wholly-owned subsidiary, SG Assetfin Holdings Sdn Bhd, has finalised the share purchase agreement (SPA) of Affin Bank shares from Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Bhd.
Securities Commission Releases Updated Investor Alert List
KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission (SC) has updated its Investor Alert List containing the latest unauthorised entities and individuals for investment schemes.