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EPF navigates safely through pandemic-stricken 2020
PETALING JAYA: Despite the Covid-19 pandemic, the Employees Provident Fund (EPF) says it has delivered a solid performance in 2020 for both its operational and financial results with a total dividend payout of RM47.64bil.
EPF, Malaysian pension fund, assets grow to value of US$252bil in 2020
KUALA LUMPUR, Feb 27 (Reuters): Malaysia's Employees Provident Fund (EPF) saw its investment assets grew 7.9% from a year earlier to a market value of 1.02 trillion ringgit (US$252 billion) at the end of 2020, the fund said on Saturday.
EPF navigates safely through pandemic-stricken 2020
KUALA LUMPUR (Bernama): The Employees Provident Fund (EPF) has declared a dividend of 5.2% with a payout amounting to RM42.88bil for conventional savings and 4.9% for syariah savings, with a payout totalling RM4.76bil.
RHB posts FY20 net profit of RM2.03bil, proposes div of 7.65 sen/share
KUALA LUMPUR: RHB Bank recorded an 18.1% decline in net profit to RM2.03bil in the financial year ended Dec 31, 2020, as compared to RM2.48bil in the previous year due to the net modification loss arising from the loan moratorium and higher expected credit losses.
Kenanga Investment Bank posts record profit
KUALA LUMPUR: Kenanga Investment Bank Bhd has posted its highest ever full-year net profit, which almost quadrupled from the previous year.
Maybank posts net profit of RM6.48b in FY20, div 38.5 sen
KUALA LUMPUR: Malayan Banking Bhd posted net profit of RM6.48bil in the financial year ended Dec 31,2020 compared with RM8.20bil a year ago due to higher impairment losses due to the continued impact from the Covid-19 pandemic.
Public Bank posts net profit of RM4.87bil in FY20, declares 13 sen payout
KUALA LUMPUR: Public Bank Bhd posted lower net profit of RM4.87bil in the financial year ended Dec 31,2020 due to one-off Day One net modification loss, negative effect of the reduction in the Overnight Policy Rate (OPR) and higher loan impairment allowance.
Higher earnings for Manulife Holdings
KUALA LUMPUR: Manulife Holdings Bhd posted net profit of RM23.41mil in the fourth quarter ended Dec 31,2020 boosted by net realised gains and net fair value gains from its equity investments.
