ASNB Offers Discounts On Hibah Amanah And Trust Declaration Fees

 |  Friday, 17 August 2018 10:45  |  Published in MARKETS

Amanah Saham Nasional Berhad (ASNB), the unit trust company of Permodalan Nasional Berhad (PNB), is offering a 45% discount on registration for Hibah Amanah and Trust Declaration for the period of 1 August to 31 October 2018.

During the promotion campaign, investors only need to pay a registration fee of RM100 instead of the standard fee of RM180 for Hibah Amanah (for Muslim investors) or Trust Declaration contract (for non-Muslim investors). In each contract, investors may nominate up to 10 beneficiaries for their investments in ASNB unit trusts.

Kenanga Futures Announces “Back 2 The Futures” Campaign

 |  Thursday, 16 August 2018 14:05  |  Published in MARKETS

Kenanga Futures Sdn Bhd is back with its second nationwide campaign, “Back 2 The Futures” – a campaign that enables domestic clients to access both the U.S. and Malaysian listed derivatives on CME Group and Bursa Malaysia Derivatives Bhd, respectively, and be rewarded.

Taking place from 15 August to 15 November 2018, the Campaign rewards petrol cards worth up to RM200 to new individual clients who trade BMD products, including new and existing clients who open an account and trade CME Group products.

Fitch affirms A- rating for Malaysia, estimates Govt debt at 65% of GDP

 |  Wednesday, 15 August 2018 14:36  |  Published in MARKETS

Fitch Ratings has affirmed Malaysia's long-term foreign-currency issuer default rating (IDR) at 'A-' with a stable outlook supported by solid economic growth and a net external creditor position built up from a record of current account surpluses.

It said the affirmation not only takes into consideration measures such as the rollback of the Goods and Services Tax (GST), but also the stated intention to reduce fiscal deficits and improve governance.

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