Items filtered by date: June 2018

OCBC Bank Bhd and Peoplender Sdn Bhd have entered into a collaborative agreement to enhance access to financing for micro, small and new businesses.

The effort will be operationalised through Peoplender’s wholly-owned peer-to-peer financing platform Fundaztic.com, which is licensed by the Securities Commission.

Published in GENERAL
Thursday, 21 June 2018 17:06

Boost, e-wallet app reveals new features

Kuala Lumpur, 20 June - Boost, Malaysia’s home-grown e-wallet app has updated new features that serve all payment needs for Malaysian. Boost introduced a key feature that will allow users to give back to society through its latest donation functionalities including Tabung Harapan and Tabung BERSAMU (by Media Prima).

Boost has over 2.5million users with online and offline merchants located in over 25,000 merchant touchpoints. The new features will enable users to pay for parking at most major streets around Klang Valley including Bangsar, Mont Kiara and Taman Tun Dr Ismail and pay for utility bills with partners such as Telekom Malaysia, Astro and Syabas. Users can also enjoy instant shake rewards after each payment as well as set auto-reminders.

Published in GENERAL

CIMB-Principal Asset Management Bhd, the first asset management company in Malaysia to have received the Renminbi Qualified Foreign Institutional Investor (RQFII) licence in March 2017, was recently awarded an additional quota of RMB1 billion (approximately USD150 million) by the China State Administration of Foreign Exchange.

The RQFII licence allows investors to gain direct access to the China A-Shares market, otherwise accessible to only China on-shore investors.

Published in MARKETS

Malaysian Global Innovation & Creativity Centre (MaGIC) announced that the second cohort of its signature Global Accelerator Program (GAP) was underway.

Twenty-seven handpicked startups have been selected from a total of 961 applications to participate in the programme.

Published in GENERAL

Press Metal Aluminium Holdings Bhd has reported a revenue of RM8.2 billion for financial year 2017.

Its profit after tax (PAT) saw an increase by 23 per cent totalling at RM 593.4 million compared to RM 483.6 in FY16.

Published in CORPORATE

Following the issuance of 12 new warrants today, Macquarie has issued a total of 1,000 structured warrants in Malaysia since its debut in October 2014.

The year 2018 kick-started with a stamp duty exemption for structured warrants, investors can now trade warrants without paying any stamp duty, making warrants more attractive to traders and investors alike. The exemption was provided by the government as an incentive to boost trading, liquidity and vibrancy in the local market.

Published in MARKETS

Epson has been named as the number one projector brand worldwide for 17 consecutive years by Futuresource Consulting.

The latest findings from Futuresource indicate that Epson has the largest market share for projectors 500-lumen and above worldwide, at 36.4 per cent for 2017, which is an increase from 35.5 percent in 2016.

Published in GENERAL

HSBC Malaysia in collaboration with TalentCorp launched an internship initiative, ‘Career Comeback’ programme to help female professionals resume their career post-sabbatical.

This is in tandem with this year’s International Women’s Day (IWD) theme #PressforProgress and in support of the Malaysian Government, designating 2018 as the Year of Women Empowerment.

Published in GENERAL

KUALA LUMPUR, 7 June 2018 – Bursa Malaysia Berhad today announced 12 new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index.

The F4GBM Index measures the performance of public listed companies (PLCs) demonstrating strong Environmental, Social and Governance (ESG) practices and was launched in December 2014 with a total of 24 constituents.

Published in MARKETS
Monday, 11 June 2018 15:39

Whitman launches iWealth app

Whitman Independent Advisors launched iWealth, Malaysia’s first advisor-driven online wealth management mobile application.

Presented as a mobile application (app), iWealth integrates bespoke advisory services with fintech innovation to deliver personalised wealth management solutions capable of helping Malaysians achieve financial freedom.

Published in GENERAL
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