Malaysia
CIMB Principal submits range of solutions
CIMB-Principal Asset Management will submit a range of solutions based on the private retirement scheme approved by the Securities Commission.
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.
Pacific Mutual announces income distribution for 11 funds
Pacific Mutual announced an income distribution of RM28.83 million for 11 of its funds for the financial years/interim periods ended March 31, 2012.
CIMB transforms into an investment bank with RBS’s Asia assets
CIMB Bank became the largest investment banking franchise in Asia outside Japan after acquiring the Asian assets of RBS.
RHB Investment's new Kuching branch to offer full array of services
HB Investment Bank's new Kuching branch will offer a full array of stockbroking and investment banking products and services.
Affin Investment Bank anticipates improved stock market performance
Affin Investment Bank Bhd foresees an improved stock market in the second half of the year.
Malaysia launches settlement platform with Hong Kong and Euroclear Bank
Bank Negara Malaysia will utilize a pilot platform for cross-border investment and settlement of debt securities.
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.
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.
PruBSN expects increase in Takaful market share with KFH partnership
Following a collaboration forged with Kuwait Finance House (Malaysia) Bhd, PruBSN expects its takaful market share to increase significantly
RHB Capital’s FY 2011 results fail to reach expectations
RHB Capital Bhd’s full-year and fourth quarter results for financial year 2011 didn't reach consensus estimates.
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.
AmBank issues 6 new call warrants
AmBank issued six European style cash-settled structured warrants.
RHBCap-OSK merger likely to be all-share deal
The proposed merger between RHB Capital and OSK will be paid for entirely in shares, according to banking sources.