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Business

MIDF appoints Charon Mokhzani as group MD

KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF) has appointed veteran banker Datuk Charon Wardini Mokhzani as its group managing director with effect on Monday.

Business

MIDF gets nod for merger talks with Al Rajhi

PETALING JAYA: Bank Negara has given its approval for the talks to merge Malaysian Industrial Development Finance Bhd (MIDF) with Al Rajhi Banking & Investment Corp (M) Bhd.

Business

MIDF: Caution, global outlook still marred by uncertainties

PETALING JAYA: MIDF Research has cautioned investors to tread carefully in the last three months of 2018, as the global outlook continues to be marred by political and trade uncertainties.

Business

MIDF: Still early to say if foreigners making a comeback

PETALING JAYA: It’s early days yet for foreign investors making a comeback to Bursa Malaysia, according MIDF Research which tracks these data.

Business

MIDF sees ringgit trading at 4.1 to US dollar by year-end

KUALA LUMPUR: MIDF Research has revised downwards its ringgit outlook and sees the local currency trading at 4.10 to the US dollar by year-end as more risks emerge.

Business

MIDF Research sees ringgit trading at 4.1 to US$ by end 2019

KUALA LUMPUR: MIDF Research has revised downwards its ringgit outlook and sees the local currency trading at 4.10 to the US$ by end-2019 as more risks emerge.

Business

MIDF explores merger with Al Rajhi Bank’s local arm

KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF), the state-backed lender, is exploring a combination with the local unit of Saudi Arabia’s Al Rajhi Bank as it seeks to become a universal Islamic bank, sources said.

Business

MIDF collaborates with Bioeconomy Corp on new fund

KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF) has been appointed as a strategic partner by Bioeconomy Corp to manage the newly launched Biotechnology Commercialisation Fund (BCF).

Business

Dominic Silva to join MIDF Amanah Investment as deputy CEO

KUALA LUMPUR: Datuk Dominic Silva (pic), former head of investments at sovereign wealth fund Khazanah Nasional Bhd, will be joining MIDF Amanah Investment Bhd as deputy CEO effective Jan 7, 2019.

Business

MIDF: Superlon could see record profit in 2017

PETALING JAYA: Thermal insulation materials manufacturer Superlon Holdings Bhd could be gearing up for a record year in 2017, based on the company’s nine-month earnings performance, according to MIDF Research.