Malaysia

MNRB Gets credit facility from Amanah

MNRB Holdings Bhd obtained an unsecured credit facility of up to RM120 million from Amanah Investment Bank Bhd.

MNRB Gets credit facility from Amanah

MNRB Holdings Bhd obtained an unsecured credit facility of up to RM120 million from Amanah Investment Bank Bhd.

160,000 visitors expected at ASM's Investment Week

More than 160,000 visitors are expected to turn up at the Amanah Saham Malaysia Investment Week or MSAM 2011.

TA Investment declares income distribution for funds

TA Investment Management Bhd has declared gross income distributions of 5.0 sen per unit for its TA High Growth Fund. It also declared gross income distributions of 3.0 sen per unit for the TA Comet Fund.

Maybank Islamic issues maiden subordinated sukuk

Maybank Islamic has issued its maiden Tier 2 Capital Islamic Subordinated Sukuk of RM1.0 billion.

HSBC offers global service for Islamic fund managers

HSBC Amanah Securities Services, a global service for Islamic fund managers,has been launched by HSBC Securities Services and HSBC Amanah.

Hong Leong Takaful eyes $987,000 premiums from i-cash

Hong Leong Tokio Marine Takaful Bhd is eyeing in US$987,000 in premium contributions in the first year of its HLTM i-Cash.

Great Eastern targets 20% share of Malaysia's takaful market

Great Eastern Takaful Sdn Bhd aims to capturing about 20 percent of the market share by year end.

AmBank, AmIslamic ratings unaffected by proposed purchase

RAM Ratings Services did not reflect any impact on AMMB Holdings Bhd's proposed acquisition of AmIslamic from AmBank in the latter two entities' ratings and debt issues.

CIMB, tops MARC's Lead Managers' League Table

Malaysian Rating Corp Lead Managers' League Table for 2010 rated CIMB Investment Bank on top in terms of value and number of issues.

ASM Investment to expand product offerings

ASM Investment Services Bhd will be launching two new investment funds in the second half of this year.

CIMB new bond fund capitalises on regional credit conditions

The CIMB-Principal's Strategic Income Bond Fund will allow investors to capitalise on improving credit conditions in certain regions. These include Asia, Australia, New Zealand and the Middle East. The CIMB recently launched the fund to capitalise on the high potential of more rating upgrades.

Public Mutual maintains leadership in private trust industry

Public Mutual Berhad maintained its market leadership position in the private unit trust industry with an overall market share of 43 per cent.