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LTAT’s Strong Financial Performance Reflects Effective Management, Say Economists

KUALA LUMPUR, March 28 (Bernama) -- The Armed Forces Fund Board (LTAT) has demonstrated strong financial performance, highlighted by its highest dividend payout in seven years that reflected its effective management capabilities, said economists.

Foreign Investors Shift To Safer Malaysian Assets Amid Market Volatility

KUALA LUMPUR, March 28 (Bernama) -- Volatile stock markets, driven by global economic uncertainties and shifting policies, have unsettled investors, prompting a shift towards domestic money market funds in search of stability.  

Consistent Savings Simplify Hajj Planning

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 28 (Bernama) -- The recent announcement of Lembaga Tabung Haji’s (TH) 2024 profit distribution has brought joy to depositors, especially with Hari Raya Aidilfitri approaching.

AlbaCore Launches US$1.8 Bln Senior Direct Lending Strategy With ADIA, Trust Bank Backing

KUALA LUMPUR, March 27 (Bernama) -- European credit specialist AlbaCore Capital Group (AlbaCore) has launched its new Senior Direct Lending Strategy (the Strategy), having secured anchor investments from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank).

Bursa Malaysia Appoints Abdul Farid Alias As Chairman Effective May 1

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia Bhd today announced the appointment of Tan Sri Abdul Farid Alias as its new chairman, effective May 1, 2025.

ASNB Declares Income Distribution Payout Of RM2.18 Bln For FY2025

KUALA LUMPUR, March 27 -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), distributed a total income distribution payout of RM2.18 billion for the financial year ending March 31, 2025 (FY2025).

AmBank Earnings To Stay Strong, Dividend Payout May Exceed 40 Pct - PIVB

KUALA LUMPUR, March 27 (Bernama) -- AMMB Holdings Bhd (AmBank Group) is expected to sustain strong earnings growth quarter-on-quarter, driven by robust loan expansion and lower operating expenses following the absence of a bonus provision, Public Investment Bank Bhd (PIVB) said.

LTAT Declares 5.25 Pct Distribution, RM514.2 Mln, A 7-year High

KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) has announced a 5.25 per cent total payout for 2024, comprising a five per cent dividend and a 0.25 per cent bonus, its highest in seven years.  

Allianz Life Strengthens Gender Equality Efforts With #SheSecures

KUALA LUMPUR, March 27 (Bernama) -- Allianz Life Insurance Malaysia Bhd (Allianz Life) is strengthening its commitment to empowering and uplifting women by broadening its reach in Malaysia through its exclusive women’s programme #SheSecures.

EPIC Aims To Continue Expanding Renewable Energy Business

KUALA LUMPUR, March 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, aims to continue expanding its renewable energy (RE) business, including the installation and maintenance of solar farms and rooftop solar projects.

Rakuten Trade Offers New Amalgamated Brokerage Fees For US Stock Trades

KUALA LUMPUR, March 26 (Bernama) -- Rakuten Trade Sdn Bhd has rolled out its first-in-market service, offering the amalgamated brokerage fees for the United States (US) stock trades. 

Bursa Malaysia Remains Higher At Midday

KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia maintained its positive tone at midday, supported by buying interest in most heavyweights as market sentiment continued to improve, analysts said.