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Economists expect Tabung Haji dividend to be 2.75-3.10pc this year

KUALA LUMPUR, Dec 1 — Economists anticipate Lembaga Tabung Haji (TH) to declare dividend in the range of 2.75 per cent to 3.10 per cent this year due to the adverse domestic...

Kuala-lumpur , Malaysia , Amrin-awaluddin , Abdul-razak , Ahmed-razman-abdul-latiff , Barjoyai-bardai , Ahmed-razman , Bank-islam-malaysia-bhd , Putra-business-school , Th-properties , Hajj-pilgrims-fund-board , Lembaga-tabung-haji

EVx 2022: Enjoy rates as low as 2.06% per annum with RHB Green Financing for hybrids, PHEVs and EVs

EVx 2022: Enjoy rates as low as 2.06% per annum with RHB Green Financing for hybrids, PHEVs and EVs
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Malaysia , Bank-green-financing , Setia-city-convention-centre , Electric-vehicle-expo , Green-financing , Syarikat-takaful , Alpha-solar ,

KLCI sinks 12.95 points amid regional sea of red

KUALA LUMPUR: Bursa Malaysia succumbed to selling pressure on Tuesday, tracking the sea of red across regional markets on concerns that the US Federal Reserve would tighten policies.

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BIMB to place out 220 million new shares, raising close to RM800m fresh capital — source


KUALA LUMPUR (April 13): BIMB Holdings Bhd, which owns Bank Islam Malaysia Bhd, is proposing a share placement of about 220 million new shares to raise close to RM800 million fresh capital, according to a source familiar with the fundraising exercise.
The new shares are said to be priced in the range of RM3.55 to RM3.60, the source said. The share placement will be at a discount over the last traded price of RM3.94.
BIMB’s share price drifted lower over the past two weeks, dropping from this year’s peak of RM4.40 in late March.
The share placement is part of the financial group’s restructuring exercise, which will ultimately lead to Bank Islam taking over the listing status of BIMB.

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Syarikat Takaful posts higher 4Q profit on savings from management expenses

Syarikat Takaful Malaysia Keluarga Bhd’s fourth quarter net profit rose 37.34% to RM103.15 million from RM75.11 million a year earlier, mainly due to savings from management expenses and release of expense reserve. Earnings per share for the quarter ended Dec 31, 2020 increased to 12.42 sen from 9.08 sen previously, according to the group’s filing with Bursa Malaysia.

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