KUALA LUMPUR: Bank Islam Malaysia Bhd has appointed Azdini Nor Azman as the chief executive officer (CEO) and non-independent executive director of its wholly owned subsidiary, BIMB Investment Management Bhd, effective Aug 1, 2023.
KUALA LUMPUR (Sept 15): The High Court (commercial division) had on Thursday (Sept 15) struck out a stay application by Serba Dinamik Holdings Bhd (SDHB) and three of its subsidiaries to temporarily stop the appointment of Victor Saw of PwC Malaysia as an interim liquidator.
KUALA LUMPUR: Banks are revising their reference rates following Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) increased to two per cent from 1.75 per cent.
KUALA LUMPUR: Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd will be revising the base rate (BR) and Islamic base rate (IBR) to 2.88% from 2.63% following the latest increase in Bank Negara’s overnight policy rate (OPR) by 25 basis points.
Electrical and mechanical engineering services provider Kejuruteraan Asastera Bhd (KAB) is set to acquire a mini-hydropower plant located in North Sumatera, Indonesia.
Based on corporate announcements and news flow on Friday, companies that may be in focus next Monday (Jan 10) include Minetech Resources Bhd, Mah Sing Group Bhd, SMTrack Bhd, Solution Group Bhd, Grand Hoover Bhd, MSM Malaysia Holdings Bhd, UMW Holdings Bhd, VS Industry Bhd, MMC Corp Bhd and Sarawak Cable Bhd.