Fox Business - The Power to Prosper
Search Site

Wednesday, April 7, 2010 as of 11:14 AM ET

Bursa Malaysia

Bursa Malaysia () is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully integrated exchange, offering the complete range of exchange-related services including trading, clearing, settlement and depository services.

Read More at Wikipedia
Malayan Banking January-March Net Profit Rises 18%

Malayan Banking Bhd (1155.

KU), Malaysia's largest bank by total assets, said Thursday its fiscal first quarter net profit rose 18%, helped by higher net interest income and contribution from recently acquired Kim Eng Group.Net profit for the three-month period ended March 31 rose to MYR1.35 billion ($430 million) compared with MYR1.14 billion a year earlier, Malayan Banking, or Maybank, said in an exchange filing with Bursa Malaysia.Net interest income for the period rose 14% to MYR2.02 billion from MYR1.77 billion, helped by gains in loans and advances. Non-interest income expanded 52% to MYR1.41 billion due to contribution from Kim Eng Group, which it acquired last year for $1.4 billion as part of its regional expansion plan."Notwithstanding the global challenges, the Group expects a satisfactory financial performance for the current financial year ending Dec. 31 in view of expected growth in key Asean markets that the group operates in," the lender said in the filing.Maybank and its...

Read More

  1. CORRECT(1/31): Bursa Malaysia Readies New Clearing System For 1Q Launch

    ("Bursa Malaysia Readies New Clearinghouse For 1Q Launch," published at 10:00 a.m. EST Tuesday, misstated the improvements to the firm's clearing system in the first...

  2. ANALYSIS-Europe eyes more palm oil as drought saps supplies

    By Niluksi Koswanage and Naveen ThukralKUALA LUMPUR/SINGAPORE, Aug 18 (Reuters) - European consumers will be forced to boost shipments of palm oil, despite a vigorou...

  3. ANALYSIS-Regulation may dim growth of 'dark pools' in Asia

    * ASX confident regulator will limit scope of dark pools opsBy Kevin Lim and Adrian BathgateSINGAPORE/WELLINGTON, Aug 17 (Reuters) - "Dark pools" and other alternati...

  1. AirAsia 1Q Net Profit Rises Marginally As Fuel Costs Continue To Hurt

    AirAsia Bhd (5099.KU), Southeast Asia's largest budget airline by fleet size, Wednesday said its fiscal first quarter net profit rose marginally as higher fuel costs...

  2. Felda Global Secures 3 More Cornerstone Investors Ahead Of Over $3 Billion Malaysia IPO - Source

    Felda Global Ventures Holdings Bhd has secured three more cornerstone investors, including Hong Kong-based insurance giant AIA Group Ltd. (1299.HK), ahead of its ove...

  3. Public Bank 1st-Quarter Net Profit Rises 6.4% To MYR940.8 Million

    Public Bank Bhd. (1295.KU), Malaysia's third-largest lender by assets, said Wednesday its first-quarter net profit rose 6.4% from a year earlier, helped by higher ne...

  4. AMMB Holdings: Unit Signs Deal To Buy Kurnia Insurans Malaysia For MYR1.55 Billion Cash

    AMMB Holdings Bhd. (1015.KU) said Thursday its 51%-owned subsidiary has signed an agreement with Kurnia Asia Bhd. (5097.KU) to buy general insurer Kurnia Insurans (M...

  5. Kuala Lumpur Kepong To Sell Retail Unit For $155 Million

    Kuala Lumpur Kepong Bhd (2445.KU) has agreed to sell its entire stake in its unit CE Holdings Ltd to Khuan Choo International Ltd for $155 million, Malaysia's third-...

  6. Genting 4Q Net Profit MYR772.9 Million Vs MYR465.4 Million

    Malaysian-based casino operator Genting Bhd. (3182.KU) said Tuesday its fiscal fourth quarter net profit jumped 66% helped by higher revenue, gains on derivative fin...

  7. Golden Agri-Resources Net Profit Falls, But Outlook Favorable

    Golden Agri-Resources Ltd. (E5H.SG) said Monday its fourth-quarter net profit fell 36% from a year earlier, reflecting higher raw-material costs, a decline in palm p...

Freebase CC-BY
Source: Bursa Malaysia on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL