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ASNB Declares Income Distribution Payout Of RM2.18 Bln For FY2025

KUALA LUMPUR, March 27 -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), distributed a total income distribution payout of RM2.18 billion for the financial year ending March 31, 2025 (FY2025).

LTAT Declares 5.25 Pct Distribution, RM514.2 Mln, A 7-year High

KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) has announced a 5.25 per cent total payout for 2024, comprising a five per cent dividend and a 0.25 per cent bonus, its highest in seven years.  

Duck Creek Technologies Partners RAA To Modernise Insurance Delivery

KUALA LUMPUR, March 26 (Bernama) -- Duck Creek Technologies has announced a new software as a service (SaaS) core insurance delivery technology partnership with RAA, South Australia’s largest personal lines insurer.

Xsolla Kicks Off JOIN Program To Empower LATAM Game Developers

KUALA LUMPUR, March 26 (Bernama) -- Xsolla, a global video game commerce company, has expanded its commitment to Latin American (LATAM) game development with the launch of the Journey of Indies (JOIN) Program.

CAB Cakaran Opens 15th Outlet In Penang, Plans 100 More In The Next Decade

GEORGE TOWN, March 26 (Bernama) -- One of Malaysia's largest food producers, CAB Cakaran Corporation Bhd, has expanded its retail footprint with the opening of its 15th medium-sized supermarket, Home Mart Fresh & Frozen Sdn Bhd, in Sri Rambai, Bukit Mertajam.

Velesto Proposes RM1.2 Bln capital Reduction To Strengthen Finances

KUALA LUMPUR, March 25 (Bernama) -- Velesto Energy Bhd has proposed a capital reduction of RM1.2 billion, which will be credited to the retained earnings or to set off against any accumulated losses of the company.

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.

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).