Items filtered by date: October 2018

How to thrive in the age of constant digital disruption and how can young startups forge their own path?

Answers to these questions and more were found at the much anticipated Malaysia Rice Bowl Startup Awards 2018 that was held at the Oasis Discovery Centre in Ara Damansara, Selangor.

Published in GENERAL

Mentari Alam EKO Sdn Bhd (MAEKO) & Nanopac Sdn Bhd were selected as Malaysia’s winners in tech pitching for IPIEC Global Contest 2018, an innovation contest that helps IP owners, SMEs, startups, researchers, and innovators to realise their dream to bring intellectual property (IP) innovations to enter China market. 

MAEKO is the brainchild of three individuals focused on solving the Food Waste issue and is committed towards helping the globe achieve zero food waste by providing composting solutions for all kinds of businesses and homes.

Published in GENERAL

Prudential BSN Takaful Berhad (PruBSN) announced the conversion of its composite licence to single licence in accordance with the legislative requirements of the Islamic Financial Services Act 2013 (IFSA).

The conversion of PruBSN’s composite licence to single licence also witnessed the transfer of its general takaful business to Syarikat Takaful Malaysia Am Berhad (STMAB), a wholly-owned subsidiary of Syarikat Takaful Malaysia Keluarga Berhad (STMKB) (formerly known as Syarikat Takaful Malaysia Berhad) pursuant to the approval by Bank Negara Malaysia (BNM) on 29 June nd High Court order on 12 September.

Published in GENERAL
Monday, 01 October 2018 15:46

PNB Launches New ASNB Funds

Permodalan Nasional Berhad (PNB) launched two new variable price unit trust funds by Amanah Saham Nasional Berhad (ASNB).

As part of the PNB Group’s aim to expand its unit trust portfolio to meet the evolving needs of investors, ASN Equity 5 and ASN Sara (Mixed Asset Conservative) 2 are launched.

Published in GENERAL
Monday, 01 October 2018 15:44

PNB Announces Year-to-Date Performance 2018

Notwithstanding the challenging market environment, Permodalan Nasional Berhad (PNB) has been able to report a positive financial performance for the period ended 31 August.

Total assets under management is up by 7.3 per cent year-on-year to RM288.1 billion while the pro forma consolidated net income increased by 2.6 per cent year-on-year to RM10.3 billion.

Published in CORPORATE
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