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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.
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.
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.
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.
President of the Court of Appeal, Tan Sri Ahmad Fairuz Sheikh Abdul Halim, has been appointed Chief Justice of the Federal Court, succeeding Tun Mohamed Dzaiddin Abdullah whose term expires on Saturday.
CARLSBERG Brewery Malaysia Bhd#039;s latest announcement of a generous dividend is a trend that is likely to be emulated by Malaysian companies.