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AmMetlife Takaful Signs Memorandum of Understanding with Yayasan Waqaf Malaysia

AmMetlife Takaful Signs Memorandum of Understanding with Yayasan Waqaf Malaysia

Written By: Malaysian Business | Published: August-17-2018 | Category: GENERAL
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AmMetLife Takaful Bhd and Yayasan Waqaf Malaysia have signed a Memorandum of Understanding (MoU) to establish a mutual understanding on waqaf tunai arrangement. Through this arrangement, any claim that arises from waqaf benefit offered by A...

The MoU Signing Ceremony was attended by Noor Azam Bin Mohd Yusof, Chief Executive Officer of AmMetLife Takaful Berhad, Dato' Prof Dr Sudin Bin Haron, Chief Execut...

ASNB Offers Discounts On Hibah Amanah And Trust Declaration Fees

ASNB Offers Discounts On Hibah Amanah And Trust Declaration Fees

Written By: Malaysian Business | Published: August-17-2018 | Category: MARKETS
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Amanah Saham Nasional Berhad (ASNB), the unit trust company of Permodalan Nasional Berhad (PNB), is offering a 45% discount on registration for Hibah Amanah and Trust Declaration for the period of 1 August to 31 October 2018. During the pr...

ASNB Chief Executive Officer & Executive Director, Mohammad Hussin said the promotion is aimed at encouraging ASNB investors to take proactive steps in managin...

Blee on MyBazar growing Local Digital Entrepreneurs, again

Blee on MyBazar growing Local Digital Entrepreneurs, again

Written By: Malaysian Business | Published: August-17-2018 | Category: GENERAL
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Blee on MyBazar, Malaysia's own homegrown online marketplace has showcased yet another local brand that we can be proud of – Nori. This all-natural skincare brand was launched on the popular e-commerce platform on the 10th of August 2018 a...

Made primarily from Aloe Vera, the so-called “plant of immortality” by the ancient Egyptians, the Nori Soothing Plus skincare line is natural, gentle and contains...

AirAsia celebrates inaugural flight from Bangkok to Kota Kinabalu

AirAsia celebrates inaugural flight from Bangkok to Kota Kinabalu

Written By: Malaysian Business | Published: August-17-2018 | Category: GENERAL
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AirAsia celebrates its maiden flight from Bangkok, Thailand to Kota Kinabalu, Malaysia yesterdday. The unique route, which marks the first AirAsia Thailand’s flight to East Malaysia, is a testament to AirAsia’s commitment to further grow K...

The inaugural service departed Don Mueang International Airport in Bangkok earlier today, and was joined by Minister of Tourism, Arts and Culture Malaysia Mohamadd...

Sunway Construction Group Bhd Declares PBT of RM45.2 Million

Sunway Construction Group Bhd Declares PBT of RM45.2 Million

Written By: Malaysian Business | Published: August-17-2018 | Category: CORPORATE
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Sunway Construction Group Bhd announced a revenue of RM544.3 million and profit before tax of RM45.2 million for the current quarter ended 31 March 2018, compared to revenue of RM417.3 million and profit before tax of RM41.9 million in the ...

The construction segment reported revenue of RM511.6 million and profit before tax of RM43.0 million compared to revenue of RM387.2 million and profit before tax o...

Kejuruteraan Asastera H1 Profit Before Tax Jumps By 112%

Kejuruteraan Asastera Berhad (‘KAB’), a home-grown electrical and mechanical engineering specialist listed on the ACE Market of Bursa Malaysia Securities Berhad, mai...

Hektar REIT’s Gross Revenue increased by 10%, Net Property Income increased 8%

Hektar Asset Management Sdn Bhd, the Manager of Hektar Real Estate Investment Trust announced that Hektar REIT recorded a higher revenue of RM34 million for the seco...

ELK-Desa Records 55% Growth in Q1 Profit Before Tax

ELK-Desa Resources Bhd, a non-bank lender focused in the used-car segment, has started its 2019 financial year on a positive note due to healthy macro-economic facto...

Kenanga Futures Announces “Back 2 The Futures” Campaign

Kenanga Futures Sdn Bhd is back with its second nationwide campaign, “Back 2 The Futures” – a campaign that enables domestic clients to access both the U.S. and Mala...

UNDP Malaysia, MaGIC and Citi Foundation Team Up to Nurture Ideas of Future Change-Makers

The United Nations Development Programme (UNDP) Malaysia Country Office and Malaysian Global Innovation & Creativity Centre (MaGIC) yesterday launched the first ...

Petronas Dagangan partners Common Ground

Petronas Dagangan Berhad (PDB) and Common Ground, Malaysia’s largest leading coworking space, yesterday announced its partnership to spur the growth of Malaysia’s ex...

BMW Group Malaysia Begins Export of the MINI Countryman to Thailand

BMW Group Malaysia yesterday delivered the first units of the recently unveiled MINI Countryman for its export programme to Thailand. The variants exported to Thaila...

Media Prima Television Networks Defines the Future of Marketing

Malaysia’s largest integrated media group, Media Prima Television Network (MPTN) has up its ante once again, as it further expands and unifies its content, data and ...


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Township developer Equine Capital Bhd launched an innovative property product called Freedon of Choice (FOC), at a ceremony officiated by Minister of Housing and Local Government Datuk Seri Ong Ka Ting in 2003 - 1st DECEMBER 2003 Page 12

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CATEGORIES

CORPORATE NEWS

Sunway Construction Group Bhd Declares PBT of RM45.2 Million

Sunway Construction Group Bhd Declares PBT of RM45.2 Million

Sunway Construction Group Bhd announced a revenue of RM544.3 million and profit before tax of RM45.2 million for the current quarter ended 31 March 2018, compared to revenue of RM417.3 million and profit before tax of RM41.9 milli...

Kejuruteraan Asastera H1 Profit Before Tax Jumps By 112%

Kejuruteraan Asastera Berhad (‘KAB’), a home-grown electrical and mechanical engineering specialist listed on the ACE Market of Bursa Malaysia Securities Berhad, maintained its positive momentum by registering improved year-on-yea...

Hektar REIT’s Gross Revenue increased by 10%, Net Property Income increased 8%

Hektar Asset Management Sdn Bhd, the Manager of Hektar Real Estate Investment Trust announced that Hektar REIT recorded a higher revenue of RM34 million for the second quarter ended 30 June 2018 (“2Q18”), up 10% from the correspon...

ELK-Desa Records 55% Growth in Q1 Profit Before Tax

ELK-Desa Resources Bhd, a non-bank lender focused in the used-car segment, has started its 2019 financial year on a positive note due to healthy macro-economic factors and improving consumer sentiment. For the first quarter ende...

Press Metal Delivers Record Quarterly Profit Amidst Higher Raw Material Prices

Press Metal Aluminium Holdings Berhad (PMETAL-8869), the largest Aluminium smelter in South East Asia maintained its growth trajectory despite price volatilities on both aluminium and raw material fronts. Performance in the secon...

GENERAL NEWS

Samsung Unveils the New Galaxy Note9

Samsung Unveils the New Galaxy Note9

Samsung Electronics Co., Ltd. announced the latest addition to its premium Note series with Galaxy Note9. “The Note has always been our showcase for premium technology and industry-defining innovation, and Galaxy Note9 is no exce...

Pikom Queries SST, Suspension of MSC Malaysia Status Application and Venture Capital Incentives

The National ICT Association of Malaysia (PIKOM) is appealing to the Government to urgently address areas of concerns that could have long-term impact on the growth of Malaysia’s ICT industry. As the new government takes stewardsh...

MDEC Pays Homage to Malaysia’s Animation and Creative Industry with the Return of Kre8tif! Conference & Content Festival 2018

The rapid advancement of technology has made animation and creative content industry a very lucrative economic enabler for the region said Datuk Ng Wan Peng, Chief Operating Officer of The Malaysian Digital Economy Corporation (MD...

Angka-Tan Motor Launches the all-new High-Technology Foton Auman EST Heavy-Duty Commercial Prime Mover Series

Placing technology at the heart of smart trucking solutions, local truck distributor Angka-Tan Motor Sdn Bhd (ATM) - a subsidiary of Warisan TC Holdings and a member of Tan Chong Group - has recently launched and unveiled the all-...

ASEAN: Collaborate to enhance economies

ASEAN countries are urged to take the opportunity to increase trade with each other especially amid the current US-China trade tensions. Minister of International Trade and Industry Darell Leiking said that given the bloc’s huge ...

MAR KETS

TA Investment Declares Distribution for Two Funds

TA Investment Declares Distribution for Two Funds

TA Investment Management Berhad (TAIM) has declared a gross income distribution of 1.5 sen per unit for TA Income Fund (TIF) and 0.60 sen per unit for TA Asian Dividend Income Fund (TADIF) to the registered unit holders of the Fun...

FBM KLCI ETF Declares Income Distribution

FTSE Bursa Malaysia KLCI etf (FBM KLCI etf), Malaysia’s first equity Exchange Traded Fund (ETF) has announced an interim net income distribution of 0.5 sen per unit for the financial year ended December 31, 2018. Investors are ex...

Affin Hwang Investment Bank Launches First Bursa Approved Islamic Securities Selling And Buying Negotiated Transaction

Affin Hwang Investment Bank is the first bank to be approved by Bursa Malaysia as an Approved Supplier and User under the Islamic Securities Selling and Buying Negotiated Transaction (“ISSBNT”) model, launched by Bursa Malaysia. ...

Bursa Malaysia seeks Public Feedback on Proposed Enhancement to ETF Framework

Bursa Malaysia Berhad issued a consultation paper to seek public feedback on the proposed review of the Main Market Listing Requirements and Rules and Directives of Bursa Malaysia Securities Berhad in relation to Exchange-Traded F...

CIMB-Principal’s additional RMB1 billion RQFII quota a boon to access China A-Shares

CIMB-Principal Asset Management Bhd, the first asset management company in Malaysia to have received the Renminbi Qualified Foreign Institutional Investor (RQFII) licence in March 2017, was recently awarded an additional quota of ...

 

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FEATURES

Unlocking E-Commerce Potentials in Asean

By Darell Leiking, Minister of International Trade and Industry E-Commerce offers enormous opportunities for business-to-business (B2B) and business-to-consumers (B2C). ...

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FEATURES

Manulife Asset Management: With the first half over, time to pause and rethink

Global markets struggled in June with across-the-board declines. Although investor concerns over increased US-China trade friction took the spotlight, a raft of other ris...

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FEATURES

ASEAN Roundtable Series: What Lessons Learned from Financial Crises of Recent Times

ASEAN Roundtable series was held recently to discuss the concerns regarding the U.S. led trade wars that is causing increased uncertainties, potential spillover effects o...

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FEATURES

Manulife Asset Management: Do higher rates augur trouble for global markets?

Do higher rates augur trouble for global markets? 1. April Market Review Markets generally moved higher in April as investors repriced the strength of a late-cycle US e...

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