8d ago
KUALA LUMPUR, March 24 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent), and the Vietnam National Scale Rating of aaa.VN (Exceptional) for PVI Insurance Corporation (PVI Insurance), with a stable outlook.
8d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 24 (Bernama) -- The Armed Forces Fund Board (LTAT) plans to gradually expand its investment footprint overseas as part of efforts to enhance portfolio returns, with a small deployment expected as early as this year.
20d ago
KUALA LUMPUR, March 12 (Bernama) -- The Armed Forces Fund Board (LTAT) expects its dividend payout to remain at five per cent for the financial year 2026, supported by a strategy to strengthen reserves to cushion potential market volatility.
1m ago
KUALA LUMPUR, Feb 26 (Bernama) -- Tenaga Nasional Bhd (TNB) reaffirmed its commitment to driving Malaysia’s economic stability and providing long-term energy security, ensuring reliable power supply to homes, businesses and industries nationwide.
1m ago
KUALA LUMPUR, Feb 16 (Bernama) -- The Employees Provident Fund (EPF) is expected to deliver a dividend rate of between 6.3 per cent and 6.5 per cent for 2025, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
3m ago
KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).
3m ago
PUTRAJAYA, Dec 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly dependent on dividends from Petroliam Nasional Bhd (Petronas), as the national oil company operates as a commercial entity whose performance is closely tied to global oil prices.
4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 17 (Bernama) -- The Employees Provident Fund (EPF) is on track to deliver higher dividend to its members, following its double-digit growth in investment income, according to an economist.
5m ago
By Mikhail Raj Abdullah
KUALA LUMPUR, Oct 1 (Bernama) – Tenaga Nasional Bhd (TNB) has won the prestigious “The Edge Billion Ringgit Club Awards 2025” (BRC Awards) for having the highest shareholder returns over three years in the Super Big Cap, or above RM40 billion market capitalisation, category.
6m ago
KUALA LUMPUR, Sept 2 (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 Macau Insurance Company Limited (MIC).
7m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Bhd recorded a lower net profit of RM2.06 billion for the financial year ended June 30, 2025 (FY2025), a decrease of 37.7 per cent from the RM3.31 billion last year, due to the absence of a one-off RM2 billion gain from the sale of its healthcare business.
7m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the financial year ended June 30, 2025 (FY2025) rose to RM3.25 billion from RM3.19 billion in the previous financial year, driven by improved performance of commercial banking and insurance.