Malaysia

Hong Leong Capital earns less in Q2

Hong Leong Capital reported a profit after tax of US$3.058 million in its second quarter for the financial year ended 31 December 2011.

Hong Leong Capital earns less in Q2

Hong Leong Capital reported a profit after tax of US$3.058 million in its second quarter for the financial year ended 31 December 2011.

Maybank Investment targets possible IPO this year

Maybank Investment is talking negotiating with several companies to float their shares on the local bourse.

ING appoints Hodges as Deputy CEO

ING Insurance has appointed Bruce Hodges as deputy CEO responsible for ING's Takaful joint-venture operations in Malaysia and ING Life Malaysia.

AmIslamic offers bond fund for risk-averse investors

AmIslamic Funds Management now offers an Islamic bond fund that provides capital appreciation over the short-to-medium term.

Sukuk dominates fund-raising in 2011, says Malaysia's SC

Sukuk issuances accounted for US$26 billion out of US$39.2 billion approved for fund-raising activities by the Securities Commission in 2011.

ING Public wants 10% of takaful market by 2015

ING Public Takaful Ehsan wants its market share in the takaful industry to jump from 2 percent to 10 percent in 2015.

OSK Investment remains upbeat on Perwaja despite downgrade

Transformation efforts by Perwaja Holding kept OSK Investment Bank upbeat despite downgrade by Malaysian Rating Corp.

Hong Leong sees construction sector as overweight

Hong Leong Investment Bank identified top construction stocks as it maintains its "overweight" stand on the construction sector.

OSK's online trading to lure Japanese investors to Asean

OSK Investment Bank Bhd entered into a strategic alliance ith SBI Holdings Inc, a Japanese Internet-based financial conglomerate.

CIMB-Principal internationalizes Malaysian Islamic asset management

The Central Bank of Ireland has approved the establishment of CIMB-Principal Islamic Asset Management (Ireland) Public Limited.

Maybank Concludes US$330.6 Million Term Facility For Bajradaya Sentranusa

Maybank has syndicated US$330.6 million 10-year facility for PT Bajradaya Sentranusa.

Khazanah-linked Jadwa Investment declares 15% higher dividend

Jadwa Investment, linked with Malaysian governments investment arm Khazanah Nasional Berhad, has declared 15 % higher dividend of RM1.26 a share.

AmInvestment Bank eyes RM30 B in managed assets

AmInvestment is hoping to haveĀ  RM30 billion in total assets under management by end of its financial year on March 31.

OSK-UOB's new fund to give 5-6% returns

The OSK-UOB Emerging Markets Bond Fund has been launched, forecasted to give an annual return of at least five to six percent.

Pacific Mutual to distribute Rm19.68 M income for 3 funds

Pacific Mutual Fund will distribute ioncome worth RM19.68 million for the three of its funds with financial years ending on Dec 31, 2011.

ING Funds to distribute 3.3% income

A 3.3 per cent second annual income with be distributed to unit holders of the ING Structured Income Fund.

Public Mutual declares distributions for 5 funds

Ā Public Mutual declared distributions totaling more than RM191mil for five of its funds.