Tony Fernandes, the chief executive of AirAsia, came to the airline industry as an outsider. An accountant by ... “I don't think this will break them,” said Zulkifli Hamzah, head of research at MIDF Amanah Investment Bank Berhad in Malaysia. “I think.
The biggest mistake investors make when growing their wealth is looking only for returns. Instead, they should remember that it is also about capital preservation and risk management, says Azlan Hussin, CEO of MIDF Amanah Asset Management Bhd.
MIDF Amanah Investment Bank analyst Aaron Tan says pipe-coating is probably the least important job that an oil and gas player would consider investing in to conserve its reserves during a downturn. “It is at the bottom of the value chain when capex is.
One such pick, namely Prestariang Bhd, doubled its share price over the past 12 months. The stock, chosen by MIDF Amanah Asset Management chief executive officer and chief investment officer (CIO) Azlan Hussain, closed at a record high of RM2.97 on the.
The Prime Minister is fighting off a scandal linked to state investor 1Malaysia Development Berhad (1MDB). A probe into US$700 ... Overseas investors have been net sellers for 14 straight weeks through the week ending on July 31, the longest sell-off.
MIDF Amanah Investment Bank is “neutral” with a target price of RM2.16 while BIMB Securities says “sell”, valuing the stock at RM1.72 apiece, Bloomberg data shows at the time of writing. It is worth noting that Kumpulan Wang Persaraan (Diperbadankan) .
Automobile distributor and retailer Berjaya Auto Bhd (BAuto), which is set to become more competitive in pricing this year following the development of its local assembly plant and its huge exposure to the Japanese yen, is currently working to its.
The retail portion will be underwritten by CIMB Investment Bank Bhd , Maybank Investment Bank Bhd , MIDF Amanah Investment Bank Bhd , Affin Hwang Investment Bank Bhd and RHB Investment Bank Bhd . Meanwhile, under the institutional offering, a total of .
KUCHING: Funds manager MIDF Amanah Asset Management Bhd (MIDF Amanah) is vying for a spot in the retail funds market, concurring with recent rebranding exercise on its products early this year. Its chief executive officer Scott Lim said the group had not.
Amanah Saham Nasional Bhd (ASNB), a wholly-owned subsidiary of PNB, currently manages a number of unit trust schemes such as Amanah Saham 1Malaysia, Amanah Saham Bumiputera and Amanah Saham Wawasan. MIDF Amanah Investment Bank .
“MRCB will still be able to enjoy the future profit from the development from its effective 17% stake in the JV (joint venture) company, and benefit from a steady income stream in the form of management contractor fees arising from the management.
LPI Capital's core net profit of RM70.2mil for the first quarter of financial year 2017 (Q1FY17) came within MIDF Research's and consensus' expectations at 21.9% and 22.7% of their respective full-year estimates. The variance was due to improvements in .
MIDF Amanah Investment Bank Bhd said in a stock exchange filing on behalf of Pelaburan Hartanah Nasional Bhd (PHNB), the REIT manager , that a conditional sale and purchase agreement with Mydin Mohamed Holdings Bhd had been signed to acquire ... The investment bank said the acquisition would be accretive on a per-unit distribution basis and would provide AHTP with additional stable and sustainable income stream – pursuant to the leaseback agreement with Mydin with a committed lease of 30 years.
PELABURAN HARTANAH BERHAD ... development. AMANAH HARTANAH BUMIPUTERA (AHB) AHB is a Shariah compliance unit trust and was twice accorded 'Best Islamic Fund Award' under 'Best of the Best Awards', both for 2015 and 2016 by Asia Asset Management, an.