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KUALA LUMPUR, March 28 (Bernama) -- HI Mobility Bhd said it is optimistic that its contract will be extended in the Bas Muafakat Johor (BMJ) initiative that is due to end this month.
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KUALA LUMPUR, March 27 (Bernama) -- Capital A Bhd is seeking approval from Bursa Malaysia Securities Bhd for an extension until April 15, 2025, to issue the shareholder circular for its proposed Practice Note 17 (PN17) regularisation plan.
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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.
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KUALA LUMPUR, 27 March (Bernama) -- Ekuiti Nasional Bhd (Ekuinas) chief executive officer (CEO), Datuk Syed Yasir Arafat Syed Abd Kadir will be stepping down from his post on March 31, 2025, after a 15-year tenure with the firm.
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KUALA LUMPUR, March 25 (Bernama) -- Velesto Energy Bhd has proposed a capital reduction of RM1.2 billion, which will be credited to the retained earnings or to set off against any accumulated losses of the company.
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KUALA LUMPUR, March 24 (Bernama) -- Bank Islam Malaysia Bhd has issued its seventh tranche of RM250 million Subordinated Sukuk Murabahah under its RM10 billion Sukuk Murabahah Programme.
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KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s international reserves eased to US$118.0 billion as at March 14, 2025, from US$118.3 billion on Feb 28, 2025, according to Bank Negara Malaysia (BNM).
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KUALA LUMPUR, March 24 (Bernama) -- Stress tests conducted by Bank Negara Malaysia (BNM) affirmed that banks’ capital buffers are sufficient to absorb a potential increase in credit losses from the business sector under adverse stress scenarios.
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KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.
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KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.
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KUALA LUMPUR, March 24 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
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KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.