<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 6): Malayan Banking Bhd (Maybank) has incorporated India-based subsidiary MBB Labs Private Ltd to provide IT development services for the Maybank group.</p></div>

<div class=newsTextDataWrapInner><p>In a statement to Bursa Malaysia yesterday, Maybank said it had on Wednesday (Oct 4) via wholly-owned subsidiaries Dourado Tora Holdings Sdn Bhd and Maybank Shared Services Sdn Bhd incorporated MBB Labs.</p></div>

<div class=newsTextDataWrapInner><p>"The objective of incorporating MBB Labs is to provide IT development services for Maybank group. Maybank has on July 3, 2017 obtained Bank Negara Malaysia's approval for the incorporation pursuant to Section 85 of the Financial Services Act 2013.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"The incorporation is not expected to have any material impact on the earnings, net assets and gearing of Maybank Group for the financial year ending Dec 31, 2017," Maybank said.</p></div>

<div class=newsTextDataWrapInner><p>At Bursa Malaysia today, Maybank shares were traded at RM9.56 at 9:43am for a market value of RM100.95 billion. The stock saw 56,800 shares traded.</p></div>

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KUALA LUMPUR (Oct 6): Malayan Banking Bhd (Maybank) has incorporated India-based subsidiary MBB Labs Private Ltd to provide IT development services for the Maybank group.

In a statement to Bursa Malaysia yesterday, Maybank said it had on Wednesday (Oct 4) via wholly-owned subsidiaries D...

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<p>AirAsia has become the first international airline to operate commercial flights to Port Blair (Sri Vijaya Puram) in India's Andaman and Nicobar Islands.</p>


<p>Tropicana Corporation Bhd (KL:TROP) has previewed the Skypark Kepler branded residence at Hilton Orchard, Singapore on Saturday. The branded serviced residence is the first phase of Tropicana’s 163-acre Lido Waterfront Boulevard mixed-use development in Johor.</p>


<p>President Volodymyr Zelenskiy has said Ukraine must do all it can to ensure the war with Russia ends next year through diplomacy, commenting at a decisive moment after Donald Trump's US presidential election win and Russia's grinding battlefield gains.</p>


<p>Inmates placed under the house arrest will wear monitoring devices to track their locations after the Bill is passed in Parliament, Home Minister Datuk Seri Saifuddin Nasution Ismail.</p>
