THE upcoming initial public offering (IPO) of credit information company CTOS Digital Sdn Bhd (formerly known as CTOS Holdings Sdn Bhd) has caught the interest of a number of institutional funds, including insurance outfit Etiqa International Holdings Sdn Bhd, which is a wholly-owned unit of Mala...

CTOS’ IPO piques institutional interest

HIGHWAY concessionaire PLUS Malaysia Bhd is likely to have to raise RM7.5 billion via a sukuk as part of the restructuring of its concession agreements to bring about toll rate reductions, sources say.

“This is a way to crystallise the value of PLUS. The two investment banks hired have ...

Newsbreak: PLUS to raise RM7.5 billion sukuk as part of concession restructuring  

THIS year will be tough … I’m not going to kid anyone,” admits Ami Moris frankly.

The CEO of Maybank Kim Eng group of companies, the investment banking arm of Malayan Banking Bhd (Maybank), adds: “Capital markets have always been very challenging … but they are even more so today. While...

A challenging but opportune time for Maybank Kim Eng 

PRIOR to being appointed as the CEO of Maybank Kim Eng group of companies six months ago, Ami Moris served as its chief operating officer from 2015, overseeing the functions of the CEO’s office. Her role today is to drive Maybank Kim Eng’s business strategy and management of a 10-country operatin...

‘The fog is slowly clearing’ 

This article first appeared in The Edge Financial Daily, on April 12, 2016.

 

PETALING JAYA: Lutfiah Ismail, a close associate of former finance minister Tun Daim Zainuddin, has sold her entire shareholding in Alliance Financial Group Bhd (AFG) to Singa...

Daim associate sells equity stake in AFG

This article first appeared in The Edge Financial Daily, on April 12, 2016.

 

PETALING JAYA: Lutfiah Ismail, a close associate of former finance minister Tun Daim Zainuddin, has sold her entire shareholding in Alliance Financial Group Bhd (AFG) to Singapore hotel...

KUALA LUMPUR (April 11): Hotelier Ong Beng Seng, and two other individuals, Ong Tiong Sin and corporate advisor Seow Lun Hoo, have acquired an indirect 14.8% stake in Malaysia’s Alliance Financial Group (AFG).

According to announcements filed with Bursa Malaysia, the trio have acquired ...

Ong Beng Seng buys stake in Malaysia’s Alliance Bank, joins Temasek as shareholder

LESS THAN a year after it debuted on Bursa Malaysia, Icon Offshore Bhd has seen its share price fall to 65.5 sen from its initial public offering price of RM1.85 last June.

Along with other offshore support vessel (OSV) providers, the company has begun to feel the impact of weak oil pri...

Icon Offshore navigates choppy waters

The Health Ministry (MOH) has identified one new case of monkeypox (mpox) that was reported on Jan 10 involving a Malaysian man aged 24.

One new mpox case reported involving local man — Health Ministry

Prime Minister Datuk Seri Anwar Ibrahim has firmly stated that the government has not concealed any addendum related to former prime minister Datuk Seri Najib Razak’s purported house arrest.

Anwar: Govt did not hide addendum on Najib’s purported house arrest

The largest of the raging wildfires that have devastated parts of Los Angeles this week was reported to have shifted direction on Saturday, triggering more evacuation orders and posing a new challenge to exhausted firefighters.

Big Los Angeles wildfire switches direction, posing new threat despite winds easing

British finance minister Rachel Reeves, facing criticism for travelling to China during financial market turmoil at home, said on Saturday she will act to ensure the government's fiscal rules are met.

Amid market turmoil, UK's Reeves says will act to meet fiscal rules

The two black boxes on the Boeing jet involved in the worst aviation disaster on South Korean soil stopped recording about four minutes before the accident, the transport ministry said on Saturday.

Jeju Air black box data missing from crucial minutes before crash, South Korea ministry says

The lawyer for TikTok and its Chinese parent company ByteDance offered a warning during Supreme Court arguments over a law that would compel the sale of the short-video app or ban it in the US: If Congress could do this to TikTok, it could come after other companies, too.

TikTok warns of broader consequences if US Supreme Court allows ban

The government is reviewing a proposal to fully ban the use of asbestos, a material still widely used in the country despite concerns over its harmful health effects, according to Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad.

Govt considering proposal to ban asbestos use completely — Nik Nazmi

The government will not tolerate unjustified increases in health insurance premiums, Prime Minister Datuk Seri Anwar Ibrahim said.

No tolerance for unjustified health insurance premium hikes, says Anwar

UBS could be seen as being too big for Switzerland following its takeover of Credit Suisse, former Swiss finance minister Ueli Maurer said on Saturday, with measures needed to reduce the risks of the enlarged bank.

Former Swiss finance minister warns about size of enlarged UBS — report

Indonesia and Japan’s leaders pledged to deepen bilateral cooperation on several fronts including defence, energy and food security at a meeting Saturday, as Tokyo seeks to boost its influence in Southeast Asia.

Indonesia, Japan leaders agree to boost defence, energy ties

Two police reports have been lodged against former Rembau member of Parliament Khairy Jamaluddin following his remarks on a document regarding Datuk Seri Najib Razak’s purported house arrest.

Azalina and Dr Zaliha’s aides file police reports against Khairy

The two black boxes on the Boeing jet involved in the worst aviation disaster on South Korean soil stopped recording about four minutes before the accident, the transport ministry said on Saturday.

The Light Rail Transit (LRT) Mutiara Line project will feature 21 strategically located stations, including a provisional station on Penang South Reclamation Island-A (PSR-A), covering a total distance of 29.5km.

LRT Mutiara Line to feature 21 stations along 29.5km route, says Loke

The use of the Quick Response (QR) code system through the MyBorderPass application will be extended to Asean travellers departing Malaysia.

QR code use at KLIA to be expanded to Asean travellers

The federal government is paying serious attention to the concerns of Penang residents regarding part of the Sungai Nibong pesta site being taken over to build a depot for the Mutiara Line Light Rail Transit (LRT) project.

Mutiara LRT Line: Govt giving serious attention to residents' concerns, says Anwar

The government will not tolerate unjustified increases in health insurance premiums, Prime Minister Datuk Seri Anwar Ibrahim said.

US bank JPMorgan Chase on Friday asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal memo seen by Reuters showed, prompting hundreds of staff comments, including complaints.

JPMorgan asks staff to return to office five days a week, prompting complaints