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PETALING JAYA: Kurnia Asia Bhd posted a net profit of RM26.4mil for the third quarter ended March 31 compared with a net loss of RM25.4mil in the previous corresponding period, thanks to positive underwriting performance and stronger investment performance.
PETALING JAYA: MPHB Capital Bhd, a spin-off of Multi-Purpose Holdings Bhd's (MPHB) non-gaming assets, aims to position itself as one of the top 10 general insurance providers based on gross premiums by end-2015.
INVESTORS nowadays are extremely confused over everything. They do not seem to know what they are wishing for. Take inflation for example. On the one hand, some investors are fearful that inflation will quickly give way to deflation.
Valuations of oil and gas stocks, whose shares suffered severe losses this year amid weak sentiment, post-election shock and further negative newsflow from the US, have become attractive at their current prices.
RHB Capital Bhd and Southern Bank Bhd released yesterday financial results that showed sharply improved profitability, and both those banks declared higher dividends.