Malaysia

TA Investment declares income distribution for growth fund

A gross income distribution of four sen per unit for has been declared for TA Growth Fund unitholders registered as of June 29, 2012.

TA Investment declares income distribution for growth fund

A gross income distribution of four sen per unit for has been declared for TA Growth Fund unitholders registered as of June 29, 2012.

Asian hedge funds to focus on long-selling

Some of Asia's oldest hedge funds are giving up short-selling.

BofA, Goldman benefits from Malaysia deal boom

Bank of America-Merrill Lynch, Goldman Sachs and J.P. Morgan are among the investment banks benefiting from the deal-making boom

Malaysia makes Islamic equity standards more stringent

 Malaysia is making its guidelines for equities that qualify for Islamic investment more stringent.

Public Bank to adopt asset allocation strategy with new fund

Public Bank Bhd will will invest in equities and fixed income securities with its new mixed asset fund, PB Dynamic Allocation Fund.

Kenanga Investment eyes strong presence in Malaysia

Kenanga Investment Bank will be able to enhance its presence in Malaysia after acquiring ECM Libra Investment for RM875.1 million.

Aminvestment to manage Kuwaiti group's RM325 sukuk issuance

AmInvestment Bank will act as sole lead manager for Kuwait's Gulf Investment Corp's GIC issuance of RM325 million sukuk.

Kuwaiti fund to pour $150M into Malaysia IHH IPO

Kuwait Investment Authority will invest about $150 million in Malaysian firm IHH Healthcare's planned $2 billion IPO in Kuala Lumpur and Singapore.

J.P. Morgan to offer securities lending in Malaysia

J.P. Morgan became the first international lender in the Malaysian market to offer a securities lending product.

Merged Kenanga-ECM Libra to be among top 5 Malaysian equities brokerages

The merger of Kenanga Investment bank and ECM Libra Investment Bank can catapult it to the top five Malaysian equities brokerage by trading value.

Stanchart Private Bank to offer Islamic financial solutions

Singapore-based Standard Chartered Private Bank will start offering a comprehensive suite of Islamic financial solutions for its clients.

PhillipCapital Malaysia's managed assets to surpass $633M: MD

PhillipCapital Malaysia expects its total assets under management to surpass RM2 billion or US$633 million by year end from RM1.5 billion presently.

Hektar REIT gets approval to increase fund size

Hektar Asset Management has obtained the Securities Commission's approval for its proposal to increase its fund size.

PhillipCapital Malaysia sees shareholders’ funds growing

Stronger sales will push its shareholders’ funds from RM1.1 billion at the start of 2012 to RM1.5 billion to date, says PhillipCapital Malaysia.

Maybank Kim Eng non-interest income to boost group's growth

Maybank will report commendable first quarter results with pre-provision operating profit growth expected at 19.3 percent.

Armstrong fund to invest US$150M in SEA clean energy

Armstrong Asset Management is set to launch its first fund, the Armstrong South East Asia Clean Energy Fund.

Syarikat eyes top position in Malaysia's takaful market

Syarikat Takaful Malaysia Bhd is eyeing to be the leader in the takaful market over the next three to five years through an aggressive rebranding campaign.