More News

Magma plans housing finance, gold loan business

Magma it plans a separate subsidiary for housing finance business and will focus on affordable housing segment in tier 4 to 6 towns.

Magma plans housing finance, gold loan business

Magma it plans a separate subsidiary for housing finance business and will focus on affordable housing segment in tier 4 to 6 towns.

Lok Capital may exit Janalakshmi Financial Services

Lok Capital is preparing to exit from its investment Janalakshmi Financial Services, an urban microfinance company.

Ambank issues 8 call warrants

AmBank is issuing four pairs of put and call warrants.

Innovation needed to spur Islamic private equity: strategist

A, Islamic Strategic Counsel feels that research and development and innovation in businesses are necessary to spur the growth in Islamic private equity and venture capital market in Malaysia.

Affin Investment Bank anticipates improved stock market performance

Affin Investment Bank Bhd foresees an improved stock market in the second half of the year.

Axis Mutual launches income fund

Axis Mutual Fund has launched a new open ended debt scheme called Axis Income Fund.

CITIC Pacific's senior unsecured notes get 'BB+' from S&P

Standard & Poor's assigned its 'BB+' rating to the proposed senior unsecured notes of CITIC Pacific Ltd.

Islamic wealth management conference to be held in Kuala Lumpur in April

Industry experts on Islamic Wealth Management  will share their wide spectrum of expertise at the upcoming Kuala Lumpur Conference 2012.

CIMB-Principal to list first Asia Pacific ETF on SGX

CIMB-Principal Asset Management listed Asia Pacific's first Exchange Traded Fund on the Singapore Exchange.

Hedge fund start-ups increasing in Asia-Pacific

High profile investment professionals are launching new new hedge funds in Asia-Pac.

Sumco to raise $186M from from bank-led fund -source

Sumco is in final talks with a turnaround fund backed by Japan's major banks to raise 15 billion yen or $186 million by issuing preferred shares.

BTMU Sydney's AUD note gets A+ rating

Standard & Poor's assigned its 'A+' long-term debt rating to an Australian dollar-denominated senior note issued by the Sydney branch of BTMU.

Deutsche Mutual makes changes under DWS Premier Bond Fund

Deutsche Mutual Fund made changes under DWS Premier Bond Fund, with effect from 1st March 2012.

DSP BlackRock declares dividend for Top 100 Equity Fund

DSP BlackRock Mutual Fund has declared dividend for DSP BlackRock Top 100 Equity Fund under its regular plan, an open ended equity growth scheme.

Malaysian group to retain most of RBS Australia staff

The Malaysian-based owner of the RBS investment banking franchise in Australia is expected to retain a huge portion of about 140 locally based staff in the business.

MBSB Eyes RM9 Billion personal financing sales for 2012

Malaysia Building Society Bhd expects to sell personal financing products of up to US$2.9 billion this year.

TA Investment declares income distribution for 2 funds

TA Investment Management Bhd has declared a gross income distribution of one sen per unit for TA BRIC and Emerging Markets Fund. It also declared a three sen per unit distribution for TA Dana OptiMix for registered unit holders of the funds as at Feb 29.