Items filtered by date: February 2019
Thursday, 28 February 2019 12:19

Zurich Takaful Malaysia Berhad appoints new CEO

Zurich Malaysia has announced the appointment of Mukesh Dhawan as the Chief Executive Officer (CEO) of Zurich Takaful Malaysia Berhad (ZTMB) effective March 1.

In this role, Mukesh will be responsible for executing Zurich’s strategic priorities to gain a more profitable foothold for its family takaful business in Malaysia.

Published in GENERAL

Standard Chartered Malaysia together with its Islamic banking arm, Standard Chartered Saadiq Malaysia signed a Portfolio Guarantee Agreement today with Credit Guarantee Corporation Malaysia Berhad (CGC) in conjunction with the 10th anniversary of collaboration to finance small and medium enterprises (SME).

The ceremony was graced by the deputy minister of Finance, Datuk Ir. Amiruddin Hamzah.

Published in GENERAL
Wednesday, 27 February 2019 12:45

Kenanga Launches 12 New Call Warrants in Response

Kenanga Investment Bank Berhad (“KIBB”) now offers trading opportunities via 12 new highly-sensitive warrants on stocks with good news flow. These 12 call warrants are European style, non-collateralised cash-settled call warrants.

“We observed that a bullish environment is highly desirable for call warrant traders. With our ears to the ground and our eyes opened to the ever-changing market trends, this issuance will attract traders as the sensitive warrants flip prices quickly, they can enter and exit with speed and ease,” said Kenanga Investment Bank’s Head of Equity Derivatives, Philip Lim.

Published in MARKETS

Tapway, an emerging end-to-end tracking solutions provider today has launched VehicleTrack, an artificial intelligence (AI)-based solution that enables organisations to keep track of vehicles to gain a better understanding of their physical locations.

Using data extracted from video cameras, VehicleTrack can provide reports on traffic flow, vehicle count, vehicle classifications, vehicle types, license plates, vehicle entry and exit patterns, and others.

Published in GENERAL

Standard Chartered Malaysia together with its Islamic banking arm, Standard Chartered Saadiq Malaysia signed a Portfolio Guarantee Agreement today with Credit Guarantee Corporation Malaysia Berhad (CGC) in conjunction with the 10th anniversary of collaboration to finance small and medium enterprises (SME). The ceremony was graced by Dato' Ir. Amiruddin Hamzah, Deputy Minister of Finance.

The financing scheme will be delivered in two tranches totalling RM85 million. Standard Chartered Malaysia is committing to RM75 million for the development of local SMEs while Standard Chartered Saadiq commits to RM10 million specifically to provide working capital financing to women entrepreneurs.

Published in GENERAL

Continuing on its growth trajectory since second quarter 2018, Petronas Dagangan Berhad (PDB) registered an increase of 1% in sales volume for the quarter ended 31 December 2018, against corresponding quarter last year.

In line with higher sales volume and increase in average selling prices, revenue for the quarter rose by 10% to RM7,901.4 million against the corresponding quarter in the preceding year. However, due to the significant decline in petroleum product prices in November and December 2018, PDB’s Profit Before Tax (PBT) decreased to RM70.1 million as compared to the corresponding quarter in the preceding year.

Published in CORPORATE

PETRONAS Lubricants International (PLI) unveiled a new range of PETRONAS Syntium with °CoolTech™.

Bringing the latest ‘track-to-road technology’ in the most advanced engine lubricants to-date, the series includes the first engine oil for hybrid cars, marking PLI’s entry into the hybrid car market.

Published in GENERAL

OCBC Al-Amin Bank Berhad has been appointed exclusive distributor of the country’s first universal takaful plan offering a high guaranteed cash payout.

Published in GENERAL
Monday, 25 February 2019 15:59

Kerjaya Prospek Holds Annual Dinner

Kerjaya Prospek Group Berhad hosted its annual dinner with their business partners, corporate and media friends which was held at Swiss-Garden Hotel Melaka.

The enchanting dinner was graced by Low Chee Leong where the Board of Directors was at hand to greet the guests and a total of 740 guests attended the event.

Published in GENERAL

Zoho announced its new version of Zoho Office Suite, which includes four sophisticated, cloud-based productivity software applications namely Zoho Writer, Zoho Sheet,Zoho Show, and Zoho Notebook. All four softwares are enhanced with Zia, Zoho's AI-powered assistant.

Published in GENERAL
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