KUALA LUMPUR (May 13): Hong Leong Bank and Hong Leong Islamic Bank will continue to extend its targeted assistance payment/repayment packages to those facing cash-flow disruptions due to the current Movement Control Order (MCO 3.
Hong Leong group moves 27% stake in Eco World International from flagship company in restructuring exercise
KUALA LUMPUR (May 12): Hong Leong Company (Malaysia) Bhd is no longer the ultimate shareholder of the 27% stake in Eco World International Bhd (EWI) owned by the Hong Leong group following an internal restructuring.
KUALA LUMPUR (April 13): Hong Leong Investment Bank (HLIB) Research has maintained its "neutral" rating of Malaysian real estate investment trusts (REITs) following relaxation of the movement control order (MCO).
KUALA LUMPUR (March 18): Eight of Malaysia's top 10 richest tycoons — based on Forbes' 2020 billionaires list — earned a whopping RM1.
KUALA LUMPUR (Oct 30): Retailer Robinsons, one of the anchor tenants in The Gardens Mall, is shutting down its operations in Kuala Lumpur and Singapore for good.
KUALA LUMPUR (July 8): Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.
KUALA LUMPUR (March 25): Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd have offered their customers the option of converting their credit card balances into a three-year loan at an effective interest or profit rate of 13% per annum.
KUALA LUMPUR (Nov 1): The details of the proposed acquisition of four Gamuda Bhd toll concessionaires, which were supposed to be finalised yesterday between the company and the government, has been extended for another two months, with the latest completion date set no later than March 31 next year, according to the company.