KUALA LUMPUR, Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.
Following the proposed acquisition, Public Bank will be required to exte…
KUALA LUMPUR, RHB Bank Bhd’s net interest margin (NIM) for the third quarter of 2024 (3Q2024) is expected to surpass the 1.89 per cent recorded in the second quarter, driven by a recent 10 basis points (bps) reduction in board fixed deposit rates and …
KUALA LUMPUR, Shares of Public Bank Bhd and LPI Capital Bhd will resume trading with effect from 9 am tomorrow, according to separate filings from the two companies to Bursa Malaysia.
‘Trading in the structured warrants relating to Public Bank will a…
KUALA LUMPUR, IBM Malaysia said the growing demand for artificial intelligence (AI)- driven solutions, alongside supportive government policies promoting technological innovation, will drive Malaysia’s AI market growth.
Its managing director and tech…
KUALA LUMPUR, Budget 2025, set to be tabled on Oct 18, marks the final budget under the 12th Malaysia Plan (2021-2025) and is expected to lay the groundwork for the upcoming 13th Malaysia Plan (2026-2030).
The Malaysian Institute of Economic Research…
PUTRAJAYA, The Minister of Communications, Fahmi Fadzil, wants government information and broadcasting agencies, namely the Malaysian National News Agency (Bernama), the Department of Information Malaysia (JaPEN), and the Department of Broadcasting Ma…
Abuja: At a bustling food market in Nigeria’s capital, Mummy Christiana breaks down in tears as she describes how a conflict thousands of kilometers away leaves her family struggling to