News about bank

PETALING JAYA (May 5): The Bank of Maldives has put Mahadhdhoo Island in Gaafu Alifu Atoll, Maldives up for sale.

KUALA LUMPUR (April 28): Scientex Bhd is planning a private placement of up to 10% of its issued shares to third-party investors to raise as much as RM361.

KUALA LUMPUR (April 26): PR1MA homeowners can start applying for a special end-financing scheme at Malayan Banking Bhd, CIMB Bank Bhd, RHB Bank Bhd and AMMB Holdings Bhd (AmBank).

KELANA JAYA: The most crucial factor in securing a housing loan with the desired financing margin is to have a high debt service ratio, according to Malayan Banking Bhd (Maybank) head of consumer finance Abdul Razak Mohd Nordin.

KELANA JAYA (April 20): Property developers need to take a relook at their marketing strategies to target the Malay consumers better, said seasoned property investor Ahyat Ishak.

KUALA LUMPUR (April 20): OSK Holdings Bhd announced a number of changes to its board of directors yesterday, chief among them is the redesignation of Ong Ju Yan as managing director (MD) of the group, and his brother Ju Xing as deputy MD, with immediate effect.

KUALA LUMPUR (April 19): Analysts are holding their earnings forecast for S P Setia Bhd after it won the tender for a plot of prime land in Singapore, amid concern over the group’s valuation due to the high cost of the land.

KUALA LUMPUR (April 19): The Real Estate and Housing Developers’ Association Malaysia (Rehda) has once again called on the government to review its property cooling measures to boost property sales.

KUALA LUMPUR (April 19): AmFIRST Real Estate Investment Trust (REIT) saw its net property income (NPI) grow by 15.

PETALING JAYA (April 18): The number of loan applications for residential property purchases totalled 168,154.