Danajamin Issues Its Inaugural Tier-2 Subordinated Sukuk

 |  Friday, 06 October 2017 10:52  |  Published in MARKETS

Danajamin Nasional Bhd, the country’s first Financial Guarantee Insurer, issued its inaugural Tier-2 Subordinated Sukuk as part of its Capital Management Plan.   

The Subordinated Sukuk issuance of RM500 million is part of a Sukuk Programme of up to RM2.0 Billion for the Issuance of Senior and Subordinated Sukuk Murabahah. 

Affin Hwang AM Declares Income Distributions for 10 Funds 

 |  Tuesday, 26 September 2017 16:26  |  Published in MARKETS

Affin Hwang Asset Management Bhd has declared a total of RM50.88 million distributions for 10 funds. These funds span across 5 different multi-currency class funds, providing investors with options to invest in their preferred currency. The income distributions were distributed across the Company’s retail and wholesale funds. 

ASX-listed Holista Acquires 47%-Stake In Global Network Marketing Company iGalen From Company’s Malaysia-Based Major Shareholder For Nominal Sum of US$1

 |  Monday, 25 September 2017 09:40  |  Published in MARKETS

PERTH/KUALA LUMPUR, 21 September 2017 – Holista CollTech Ltd (ASX: HCT, “Holista” or the “Group”) announced today that it will acquire a 47%-stake in iGalen International Inc (“iGalen”) a fast-growing network marketing company from Holista’s CEO and single-largest shareholder, Dr Rajen Manicka, for the nominal sum of US$1.

Holista has been a supplier of patented supplement products to iGalen, including the product Emulin®, which is already selling in North America since Emulin® was awarded FDA approval in the US.

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