News by theedgemarkets.com

In a bourse filing on Friday (March 4), YNH said it successfully issued the RM323 million sukuk wakalah on Monday (Feb 28) under its Islamic Medium-Term Notes (IMTN) programme (sukuk wakalah programme) of up to RM700 million in nominal value.

In a statement Friday (March 4), Mohd Zarif said this would in turn increase the nation’s competitiveness in the region, as well uplift the well-being of “Keluarga Malaysia”.

Speaking at a press conference here on Friday (March 4) in conjunction with Paramount's recent announcement of its financial results, group chief executive officer Jeffrey Chew Sun Teong said the group in collaboration with consortium partners, had been keeping the digital banking plans under wraps as the consortium knew that there was a lot of competition for BNM’s five digital banking licences, which are slated to be issued in March 2022.

In a trading stocks note today, the research house said if the stock manages to reclaim the area above the RM1.34 recent breakout level, the bullish reversal signal is likely to drive it towards the resistance level of RM1.42 (a recent high), followed by RM1.48.

The RM2.5 million R&R centre project will sit on a 0.49-acre parcel land donated by Tropicana to the Langkawi authorities. The project is slated for completion by 3Q22. It will feature commercial lots, washroom, surau and more than 70 parking bays for cars, motorcycles and bicycles.

Speaking at the launching event on Thursday (March 3), the tycoon and founder of Berjaya Corp Bhd said YMFH was established to facilitate affordable housing for Malaysians, with the aim of enabling more Malaysians, specifically those in the bottom 40% income group (B40), to own their own homes by promoting and supporting innovative solutions to address the affordability of homes and helping these communities develop sustainability in a holistic way.

The report’s objective is to provide an annual assessment of how wealth creation is shaping investment markets while highlighting the opportunities and risks.

In a bourse filing, BLand said its 80%-owned subsidiary, BDS Smart City Co Ltd, has served a written notice on the Yangon Region Government (YRG) to terminate the concession agreement due to non-fulfilment of conditions. The agreement was signed on Feb 7, 2020.

In a bourse filing on Wednesday (March 2), TCS said its wholly-owned subsidiary TCS Construction Sdn Bhd accepted the letter of award from Remedy on Tuesday.

In a statement, Rehda acting president Datuk N K Tong (pictured) recognised the intention behind the proposed RTA that aims to facilitate some issues arising in the market. However, such an act should take into account the fact that not all tenants and landlords have the same needs and capabilities, and require different levels of protection, particularly tenants from the B40 group.