Tag Archives: Holdings

[FREE] Shares of Malaysia’s Felda Global Ventures Holdings Bhd (FGV) fell to a record low today, after analysts said its plan to spend around US$ 680 million on a stake in Indonesia’s PT Eagle High Plantations Tbk was expensive. FGV shares hit record low on Eagle High bidwww.malaysiakini.comFREE Ana …

FREE: Felda Global Ventures Holdings Bhd (FGV) listed on June 28, 2012 with much pomp and ceremony at RM5.30 per share. The euphoria over being the world’s largest listing since Nasdaq’s Facebook that year lasted less than two weeks when shares hit a peak of RM5.50. Now it’s trading at half that pri …

CIMB Group Holdings Bhd, Malaysia’s second-largest lender, plans to cut about 50 jobs in Asia to trim costs, people familiar with the plan said. CIMB said to cut 50 jobs across Asia to reduce costswww.kinibiz.comThe reductions involve mostly equities-related positions in places including Hong Kong, …

Felda Global Ventures Holdings today posted RM134.4 million quarterly profit before tax for the period ended Dec 31, a spectacular plunge of 81% from RM707.6 million recorded for the previous corresponding quarter. FGV's quarterly profit nosedives 81%www.kinibiz.comFelda Global Ventures Holding …

CIMB Group Holdings Bhd, Malaysia’s second-biggest lender by assets, said today it was closing its investment banking operations in Australia following a review of its entire business: http://goo.gl/tRXtxR On Friday, CIMB said it was looking to cut costs in the investment banking and equities segmen …

Proton Holdings Bhd is offering free labour for car repairs and 30% discount on replacement parts for Proton car owners affected by the floods. Proton offers 30% discount off repair bill to flood victimswww.kinibiz.comProton Holdings Bhd is offering free labour for car repairs and 30% discount on re …

Ambank Malaysia Holdings Bhd has clarified that it does not promote Lesbian, Gay, Bisexual and Transgender (LGBT) activities as alleged by a right-wing NGO. "Ambank Group is not involved in promoting or encouraging LGBT practices as reported by media," the banking group said in a statement …

Johor exco member denies takeover of SAJ Holdings 'The state gov't had never received any applicationto take over the equity of SAJ.' Johor exco member denies takeover of SAJ Holdings

The banks involved are CIMB Group Holdings Bhd, RHB Capital Bhd and MBSB. ‘EPF not part of proposed mega-bank merger talks’

CIMB group chief executive Nazir Abdul Razak and Puncak Niaga Holdings chairperson Rozali Ismail are among six top executives who took home lesser last year, compared to the year before. Malaysian Business magazine’s annual report on directors’ remuneration says that Nazir (left), who is Prime Minis …

FREE: It is early days yet for the planned merger between CIMB Group Holdings Bhd, Malaysia Building Society Bhd (MBSB) and RHB Capital Bhd but several pertinent details made available to KiniBiz today can help to piece together how the merger is likely to pan out. Ways and means to a banking behemo …