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The listing of more Islamic financial institutions on Bursa Malaysia is needed to boost the Islamic fund and wealth management industry going forward. The Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar said this would also strengthen Malaysia’s position as a global hub for such funds.
Airbnb, the online lodging service that investors now believe is worth US$30bil (RM125.53bil), faces a reckoning.
CONFLICT of interest is a major concern among the investing public when an exchange undertakes a demutualisation exercise and has itself listed as a profit-driven entity.
SINGAPORE: Singapore is becoming a hub for the property-management industry: It has more foreign real estate investment trusts (REITs) than anywhere else in the world, and the companies’ importance on the nation’s benchmark equity index is the highest it’s ever been.
PETALING JAYA: Many companies which held back their initial public offerings (IPOs) last year are going for listing on Bursa Malaysia this year.
Chinese technology startups are pivoting to South-East Asia and away from the United States in their expansion plans, in a clear bid to avoid getting in the midst of a trade war that could intensify.