LPI Capital Records Better Earnings, Revenue In FY2024

KUALA LUMPUR, Feb 14 (Bernama) -- LPI Capital Bhd’s net profit rose to RM377.09 million in the financial year ended Dec 31, 2024 (FY2024), up from RM313.73 million a year earlier, primarily due to higher profit from the general insurance segment.

Ample Room For Public Bank To Raise Dividend Payout -- CIMB Securities 

KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd. 

Banks Extend Assistance To Flood-affected Customers In Sabah, Sarawak

KUALA LUMPUR, Jan 31 (Bernama) -- Various banks, including Public Bank Bhd, Hong Leong Bank Bhd, Standard Chartered Bank Malaysia Bhd and OCBC Bank (M) Bhd, have come forward to offer assistance to their loan and financing customers who are affected by the floods in Sabah and Sarawak.

RHB, SME Bank, AmBank, Public Bank Launch Flood Relief Assistance To Affected Customers

KUALA LUMPUR, Dec 2 (Bernama) -- RHB Banking Group (RHB) has launched its flood relief assistance programme, offering immediate financial relief and long-term recovery support to individuals, micro, small and medium enterprises (MSMEs), available from now until Jan 31, 2025.

Public Bank 3Q Net Profit Rises To RM1.91 Bln

KUALA LUMPUR, Nov 29 (Bernama) -- Public Bank Bhd’s net profit for the third quarter (3Q) of financial year 2024 improved to RM1.91 billion from RM1.70 billion last year from healthy loans and customer deposits growth.

Forest City's SFZ To Focus On Banking And Logistics - MB

ISKANDAR PUTERI, Nov 27 (Bernama) -- Forest City's Special Financial Zone (SFZ) will prioritise two key sectors: banking and financial services, alongside logistics services, global service centres, and transfer services.

Public Bank, LPI Capital Shares Down Amid Proposed Acquisition Announcement

KUALA LUMPUR, Oct 11 (Bernama) -- The share prices of Public Bank Bhd and LPI Capital Bhd contracted following the news of the bank’s proposed acquisition of a 44.15 per cent stake in LPI Capital Bhd to provide a more comprehensive service offering.

FBM KLCI Opens Lower But Market Breadth Stays Positive

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia’s barometer index opened lower, in line with Wall Street’s weaker performance, as traders reacted negatively to September’s United States consumer price index figure, which came in higher than anticipated, said an analyst.

Public Bank To Acquire 44.15 Pct In LPI Capital For RM1.72 Bln Cash

KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.

Teh Family To Reduce Public Bank Stake To 10 Pct Over Five Years

KUALA LUMPUR, Oct 10 -- The estate of the late Tan Sri Teh Hong Piow and Consolidated Teh Holdings Sdn Bhd will reduce their stake in Public Bank Bhd to 10 per cent over five years from the current 23.4 per cent.

Public Bank, LPI Capital Shares To Resume Trading On Friday

KUALA LUMPUR, Oct 10 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will resume trading with effect from 9 am tomorrow, according to separate filings from the two companies to Bursa Malaysia.

Public Bank To Acquire 44.15 Pct Stake In LPI Capital For RM1.72 Bln Cash

KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash.