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Danajamin guarantees Exsim’s RM130mil sukuk

KUALA LUMPUR: Danajamin Nasional Bhd, the country’s first financial guarantee insurer, announced that it is guaranteeing RM130mil tranche 1 sukuk murabahah Islamic commercial paper programme issued by Exsim Capital Resources Bhd (ECRB), a wholly-owned subsidiary of Exsim Development Sdn Bhd (Exsim Group).

Berjaya Corp to invest RM1.65bil in Okinawa Four Seasons Hotel

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) will build Okinawa’s most outstanding hotel at a total investment of about US$400mil (RM1.65bil), inclusive of land cost.

Quick take: Berjaya Land's RM1.64b Okinawa resort

KUALA LUMPUR: In November 2016, tycoon Tan Sri Vincent Tan announced Berjaya Land Bhd's plan to build a Four Seasons resort on the 100-acre site in Okinawa.

The RuMa's Monica Lai on creating a new form of hospitality

Monica Lai Voon Huey, Group Deputy Managing Director of Ireka Corporation, the developer and owner of The RuMa welcomes us to this little secluded slice of peace and tranquillity.

RAM Ratings sees incentive-based rule positive for NUR Power

KUALA LUMPUR: RAM Ratings sees the implementation of incentive-based regulation, similar to that of Tenaga Nasional Bhd, as favourable to NUR Power Sdn Bhd.

Choo appointed Danajamin director

KUALA LUMPUR: Danajamin Nasional Bhd, the country’s first financial guarantee insurer, announced the appointment of Choo Yee Kwan as an independent non-executive director to the company’s board of directors for a three-year term, effective May 22.

Eco Botanic issues RM150mil medium term notes

KUALA LUMPUR: Eco Botanic Sdn Bhd has issued RM150mil of unrated medium term notes (MTNs) with a tenure of three to five years of which RM100mil are guaranteed by Danajamin Nasional Bhd.

Eco World makes lodgement for MTN programme

PETALING JAYA: Eco World Development Group Bhd, via its wholly owned subsidiary Eco Botanic Sdn Bhd, has made a lodgement to establish a medium-term note (MTN) programme of up to RM250mil in nominal value.

Global Foreign Exchange Market

THE dollar tumbled to a three-year low of 89.391 (against a basket of major currencies) on Thursday, having lost 1.30% of its value over the week after US Treasury Secretary Steve Mnuchin said that a weaker dollar is favourable for the US as “it relates to trade and opportunities”.

RAM Ratings expects better earnings for Mydin Holdings

KUALA LUMPUR: RAM Ratings foresees Mydin Mohamed Holdings Bhd reporting better earnings in the financial year ending March 31, 2018 after the disposals of mini markets and stores.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.