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Business 22 Oct 2004 | 12:00 AM

News in brief

Business 16 Oct 2004 | 12:00 AM

Peremba Jaya gets RM200m Murabahah notes facility

Peremba Jaya Holdings Sdn Bhd, a subsidiary of PECD Bhd, has signed an agreement for the issuance of Murabahah notes issuance facility and/or Murabahah medium-term notes (MUNIF/MMTNs Programme) of up to RM200mil.

Business 14 Oct 2004 | 12:00 AM

MNI teams up with MBSB to promote bancassurance

MALAYSIA National Insurance Bhd (MNI) has formed a strategic partnership with Malaysia Building Society Bhd (MBSB) that will focus on promoting cooperation in bancassurance between the parties.

Business 07 Oct 2004 | 12:00 AM

Affin shares slip after share issue plan

AFFIN Holdings Bhd#8217;s share price slipped 5 sen to RM1.63 yesterday on concerns over possible earnings dilution after the group proposed issuing new shares.

Business 22 Sep 2004 | 12:00 AM

Southern Bank, Affin shares up on merger talk

THE shares of two small banking groups #8211; Southern Bank Bhd and Affin Holdings Bhd #8211; attracted keen interest from investors Tuesday, rising 4.5% and 6.45%, respectively, on heavy volume.

Business 02 Sep 2004 | 12:00 AM

Surprising drop in big banks’ quarterly profits

The decline in net profit for a number of the country's largest banking groups during the just-completed quarter was a surprise, considering the strength of the economy then.

Business 31 Aug 2004 | 12:00 AM

Usaha Tegas units get double amount of loans

TWO units of Usaha Tegas Sdn, the owner of Maxis Communications Bhd, got banks to lend them more than twice the amount sought, bankers involved in the loan said.

Business 27 Aug 2004 | 12:00 AM

Boustead to use RM200mil EPF package for projects

BOUSTEAD Holdings Bhd will use the RM200mil financing package from the Employees Provident Fund (EPF) to support its existing and future projects.

Nation 21 Aug 2004 | 12:00 AM

Former bank officer claims trial to five CBT charges

A former credit officer claimed trial at the Sessions Court here to five counts of committing criminal breach of trust and falsifying documents to misappropriate RM244,000.

Business 19 Aug 2004 | 12:00 AM

MNI to expand distribution network for life insurance

MNI Holdings Bhd will be focusing on expanding the distribution network for its life insurance products in line with the growth in the country's life insurance business.