GENERAL

Iranian Red Crescent expresses readiness to deploy search & rescue team to assist Malaysia

 |  Saturday, 25 December 2021 07:20  |  Published in GENERAL

Mr. Hakim Bin Ili. Hamzah. Secretary-General of Malaysian Red Crescent Society

Dear Mr. Secretary General,

On behalf of the Iranian Red Crescent Society, I would like to convey my warmest regards to you and your diligent staff and volunteers of the Malaysian Red Crescent.

Alliance Bank Launches Crowdfunding Campaign to Aid Flood Victims

 |  Saturday, 25 December 2021 07:16  |  Published in GENERAL

Kuala Lumpur, 27 December 2021 Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) has committed to triple the amount raised for its Flood Relief Fundraising campaign on its social crowdfunding platform, SocioBiz, to benefit families impacted by the floods. 

The funds collected will be distributed in the form of cash, essential supplies and daily necessities such as food items. SocioBiz is Alliance Islamic Bank’s Shariah-compliant social crowdfunding platform that deploys social funds to help individuals and businesses in need.

Bursa Malaysia Extends Validity Period of 20% General Mandate and Pro Rata 50% General Mandate

 |  Saturday, 25 December 2021 07:15  |  Published in GENERAL

Kuala Lumpur, 25 December 2021 – Bursa Malaysia Berhad (“Bursa Malaysia” or the  “Exchange”) today announced another 12 months extension of the temporary relief  measures for the increased general mandate of 20% for new issue of securities by way of  private placement (“20% General Mandate”) and the general mandate of 50% based on a  pro-rata entitlement for new issue of securities by way of rights issue (“Pro Rata 50% General  Mandate”) (collectively, the “enhanced mandates”), each of which would have expired on 

31 December 2021. This extension is in line with Bursa Malaysia’s commitment to assist  listed issuers to address their funding needs and working capital requirements by easing  compliance and facilitate secondary fundraising. 


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