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Business 09 Mar 2017 | 12:00 AM

Maybank Ageas posts higher pre-tax profit of RM810mil

PETALING JAYA: Maybank Ageas Holdings Bhd, the parent company of Etiqa Insurance Bhd, Etiqa Takaful Bhd and Etiqa Insurance Pte Ltd, made a record pre-tax profit of RM810.3mil for the financial year ended Dec 31, 2016.

Corporate News 08 Mar 2017 | 8:49 AM

Etiqa Insurance’s parent Maybank Ageas makes record profit

PETALING JAYA: Maybank Ageas Holdings Bhd, the parent company of Etiqa Insurance Bhd, Etiqa Takaful Bhd and Etiqa Insurance Pte Ltd, made a record pre-tax profit of RM810.3mil for the financial year ended Dec 31, 2016, a 34% increase from the RM604.4mil achieved in the previous corresponding year.

Auto 20 Feb 2017 | 12:46 AM

Trading ideas: DRB-Hicom, Choo Bee, CBIP, Protasco, Pintaras Jaya

KUALA LUMPUR: JF Apex Research expects DRB-Hicom, Choo Bee, CBIP, Protasco and Pintaras Jaya to be among the stocks to watch on Monday after their corporate news.

TECH 18 Jan 2017 | 9:06 AM

Zurich cuts technology spend as Greco seeks US$1.5bil savings

Zurich Insurance Group AG, Switzerland’s biggest insurer, plans to cut spending on large technology projects as it seeks to reduce costs, according to chief risk officer Cecilia Reyes.

Property 10 Dec 2016 | 12:00 AM

IOI Prop thrives on diversity

Property developer’s project in Marina Bay set to become signature point of Singapore.

Business 28 Nov 2016 | 12:00 AM

Tune Protect hopes to have tie-up in Indonesia soon

PETALING JAYA: After a couple of unsuccessful attempts to form a joint venture in Indonesia, Tune Protect Group Bhd hopes to tie up with a local insurer there by next year as the company expands in Asean.

Nation 25 Nov 2016 | 12:00 AM

TPP partners wait for ‘greater clarity’

PETALING JAYA: Malaysia and other Trans-Pacific Partnership (TPP) partners have agreed to wait for “greater clarity” from US Presi­dent-elect Donald Trump before considering any future options.

Corporate News 23 Sep 2016 | 5:15 AM

BNM, govt working on consumer credit law

KUALA LUMPUR: Bank Negara Malaysia (BNM) is working with the government to introduce consumer credit legislation to protect businesses and households that deal with financial intermediaries that are not licensed financial institutions.

Property 23 Sep 2016 | 12:00 AM

FGV sells insurance stake for RM70mil

PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) has agreed to dispose of its 16% stake in AXA Affin General Insurance Bhd (AAGI) to Affin Holdings Bhd (AHB) for more than RM70mil, said sources familiar with the matter.

Corporate News 19 Jul 2016 | 1:49 PM

S'pore Press Holdings' dividend under pressure, says research firm

KUALA LUMPUR: Singapore Press Holdings (SPH) is likely to cut its dividend sharply this year as its results for the third quarter (Q3) ended May 31 were below expectations, said UOB Kay Hian.