News about asia

KUALA LUMPUR (Feb 10): Malaysia Building Society Bhd (MBSB) has appointed its president and chief executive officer (CEO) Datuk Seri Ahmad Zaini Othman as the CEO of newly-acquired Asian Finance Bank Bhd (AFB).

KUALA LUMPUR (Feb 7): Malaysia Building Society Bhd (MBSB) has completed its acquisition of Asian Finance Bank (AFB) today.

KUALA LUMPUR (Feb 6): Malaysia Building Society Bhd (MBSB) is restructuring its boardroom as it prepares to merge with Asian Finance Bank Bhd (AFB).

PETALING JAYA (Feb 5): As co-working space Colony Space Asia gears up for rapid expansion, it is seeking to boost its roster of talents and will pay RM10,000 in referral fees to anyone who recommends a new candidate who is hired and confirmed after their probationary period, it said in a press statement today.

Pesona Metro Holdings Bhd (Jan 29, 44 sen) Maintain buy recommendation with a target price (TP) of 70 sen: Pesona Metro Holdings Bhd announced that it had been awarded a RM161.

KUALA LUMPUR (Jan 23): Malaysia Building Society Bhd (MBSB), which has secured its shareholders nod for its proposed acquisition of Asian Finance Bank Bhd (AFB) at an extraordinary general meeting and court convened meeting today, says there would be no staff layoffs, "except for one or two management staff".

PETALING JAYA (Jan 16): Kuala Lumpur dropped out of Asia’s top 40 most expensive cities to rent homes amid a property glut, according to the latest Accomodation Survey by consultancy ECA International.

Paramount Corp Bhd (Jan 15, RM1.

KUALA LUMPUR (Dec 22): Paramount Corp Bhd will construct four blocks of high rise residential buildings consisting of 1,600 units, including 20% affordable units, in Section 14 of Petaling Jaya with a projected gross development value (GDV) of RM1 billion.

PETALING JAYA (Dec 20): Malaysia’s residential market is expected to continue to soften, said global property consultancy Knight Frank in its Global House Price Index for 3Q17.