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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).
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.
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.
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.
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.
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.
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.
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.
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”.
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.