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CIMB Group is expanding its reach in the Islamic financial market with a goal to becoming a predominant player given its strong market position and track record in the conventional market.
MALAYAN Banking Bhd, which has set up a Japan desk with Mizuho Corporate Bank Ltd of Japan, expects a 10% annual growth in trade volume in view of the growing confidence among Japanese entrepreneurs in the Malaysian economy.
BOUSTEAD Holdings Bhd has made a proposed voluntary offer to acquire the remaining 54.2 million shares or 43.5% of the issued and paid-up share capital in Kuala Sidim Bhd it does not already own for RM325mil or RM6 per share.
CAPITAL market players and observers have generally welcomed the new measures unveiled by the government to boost the market, but they do not expect an immediate effect given the current global uncertainties and poor market sentiment.
THERE'S this awesome sense of having power, absolute power, in your hands, recalls data security specialist Joseph Magee of the time some 10 years ago when he hacked into the phone switch of a telephone company serving the Philadelphia district in the United States.
CARLSBERG Brewery Malaysia Bhd#039;s latest announcement of a generous dividend is a trend that is likely to be emulated by Malaysian companies.
STRONG growth in corporate banking revenues pushed ABN Amro Bank Bhd pre-tax profit up more than six-fold to RM70.7mil, despite a reduction in interest income.
KLSE main board listed Wah Seong Corp Bhd (WSC) will further expand its business opportunities in the pipe coating oil and gas related areas when it becomes a consortium member of the Partnership for Equitable Growth (PEG).