MARKETS

Bank Pembangunan Malaysia Completes Islamic Medium Term Note Issuance

 |  Wednesday, 08 March 2017 14:08  |  Published in MARKETS

Kuala Lumpur, March 8 - Bank Pembangunan Malaysia Bhd (BPMB) has on March 2 successfully completed the issuance of RM1.5 billion AAA-rated Murabahah Islamic Medium Term Notes (Murabahah MTNs).

BPMB is mandated as a development financial institution providing medium to long term financing to the infrastructure, maritime, technology and oil and gas sectors. BPMB is wholly owned by the Malaysian Government through the Minister of Finance (Incorporated). The Murabahah MTNs are rated AAA by RAM Rating Services Berhad.

Celcom Stabilises - Improved Revenue Growth To RM1.52 billion

 |  Wednesday, 08 March 2017 10:34  |  Published in MARKETS

KUALA LUMPUR, 8 MARCH 2017 – Celcom Axiata Bhd saw a stabilisation in the fourth quarter with a positive growth in mobile service revenue by 1.4%, increasing from RM1.50 billion to RM1.52 billion, data revenue being a driver with an increase of 10.0% YoY to RM2.26 billion in FY16. 

The uplift of data revenue was mainly contributed by mobile internet revenue growth of 19.0% YoY to RM2.08 billion. 

TIME Turns in a Solid Close to 2016

 |  Monday, 06 March 2017 10:39  |  Published in MARKETS

Shah Alam, March 6 - TIME dotCom Bhd last week reported a strong financial performance, with higher contributions from all its product segments and customer groups in the financial year ended December 31, 2016 (FY 2016).

The Group reported a 12.4% increase in revenue (FY2016: RM766.9 million | FY2015: RM682.4 million) as data, data centre and voice revenues saw a year-on-year increase of 10.8%, 23.6% and 11.8%, respectively.


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