Kuala Lumpur, 27 May 2021 – Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) will continue to extend its Payment Relief Assistance (“PRA”) packages to help individuals and businesses facing cashflow constraints due to the COVID-19 pandemic.
Individuals who have lost their jobs or whose income have been affected by the pandemic may apply for the Bank’s Payment Relief Assistance. The Bank also extends similar support to businesses experiencing reduced business revenue. There is no impact on customers’ Central Credit Reference Information System (“CCRIS”) record if they apply for the Bank’s Payment Relief Assistance package before 31 December 2021.
Kuala Lumpur, 27 May 2021 – Boost Holdings Sdn Bhd, Axiata Digital’s fintech holding arm heats up the race for regional digital financial services offerings with a 68.75% equity acquisition in an Indonesian licensed entity, PT Creative Mobile Adventure. PT Creative Mobile Adventure operates a telco supply chain model financing business under the brand KIMO with the limited number of peer-to-peer full digital financing licenses issued by OJK (Otoritas Jasa Keuangan, Indonesia).
The acquisition of the peer-to-peer licensee that operates a lending platform in Indonesia is a key growth engine for Boost Holdings to widen its reach to the underserved micro and small enterprises regionally.
Kuala Lumpur, 27 May 2021 – Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) has granted an automatic one (1) month extension for the issuance of quarterly and annual reports for the Main and ACE Markets, as well as semi-annual and audited financial statements for the LEAP Market which are due respectively on 31 May 2021 and 30 June 2021.
Since March 2020, the Exchange has implemented various relief measures to ease regulatory compliance and aid listed issuers to navigate through the challenging times amid the COVID 19 pandemic while ensuring that the objectives and purpose of our regulatory framework are met. This latest relief measure is granted, having considered the potential impact of MCO 3.0 from 12 May to 7 June 2021 on listed issuers.
