RHB Bank’s CFO to step down

[ad_1] KUALA LUMPUR: RHB Bank Bhd’s Nik Rizal Kamil Nik Ibrahim Kamil will be stepping down as the group’s chief financial officer (CFO) on Dec 31, 2023. In a filing…

RHB Bank records RM649.95mil net profit in 3Q

[ad_1] KUALA LUMPUR: RHB Bank Bhd fought back against headwinds in the third quarter of the year, but managed to uphold a firm financial performance with a slightly lower bottomline.…

Higher number of store openings improve MR DIY’s earnings potential

[ad_1] KUALA LUMPUR: The promise of a higher number of store openings for the year, which is now expected to hit 180 as compared to 140 previously, is giving a…

Boost Holdings, RHB Bank subscribe additional shares in boost forRM85mil

[ad_1] KUALA LUMPUR: Axiata Group Bhd’s 75.43 per cent-owned subsidiary, Boost Holdings Sdn Bhd, and RHB Bank Bhd had subscribed 85 million new shares in Boost Bhd for RM85 million…

RHB Bank weighing insurance options as Tokio Marine pact ends soon, sources say

[ad_1] (Sept 22): RHB Bank Bhd is asking financial advisers for proposals for its partnership to sell insurance in its branches, as its deal with an arm of Japan’s Tokio Marine…

Bursa reprimands, fines RHB Investment Bank for breaching listing rules as IPO adviser

[ad_1] KUALA LUMPUR (Sept 14): Bursa Malaysia Securities Bhd has publicly reprimanded and imposed a fine of RM350,000 on RHB Investment Bank Bhd (RHB IB) for two breaches of the…

Bursa Malaysia Securities publicly reprimands and fines RHB Investment Bank

[ad_1] KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded and imposed a fine of RM350,000 on RHB Investment Bank Bhd (RHB IB), as the sponsor and principal adviser for…

MMHE expected to recover costs moving forward

[ad_1] KUALA LUMPUR: The unexpected cost provisions made during Malaysia Marine and Heavy Engineering Bhd’s (MMHE) second quarter is not expected to re-occur moving forward, which could lead the way…

High EV price points remain hurdle to wider adoption

[ad_1] KUALA LUMPUR: Despite government initiatives to encourage the purchase of electric vehicles (EV) in Malaysia, the relatively high costs remain a hurdle to wider adoption in Malaysia. RHB Research…

Central Boulevard to drive IOI Properties’ earnings

[ad_1] KUALA LUMPUR: IOI Properties Group Bhd‘s medium-term earnings outlook is expected to be driven by strong recurring income growth from existing property assets while the listing of its investment…