National Bank to raise more equity for CWB deal after shares recover
National Bank of Canada is raising an additional C$20mil (US$15mil) in connection with its planned acquisition of Canadian Western Bank…
Alliance Bank loan expansion to remain resilient
Alliance Bank Malaysia Bhd’s (ABMB) loan growth is expected to remain resilient, underpinned by small and medium enterprises’ (SME) loans…
Public Bank can ride on provision write-backs
Public Bank Bhd has the strongest headroom among its peers for potential provision write-backs, making it an attractive stock as…
Robust global chip sales a boon for tech players
Stronger earnings are in store for Malaysian outsourced semiconductor assembly and test (Osat) players in the second half of 2024…
MyEG to gain from Malaysia-China trade growth
MyEG Services Bhd (MyEG) will be able to expand the monetisation avenues for its blockchain segment with the introduction of…
More infra projects up for grabs this year
The construction sector will likely see a further acceleration in awards in the second half (2H) of this year, driven…
IOI studies landbank monetisation for RE
IOI Corp Bhd is currently evaluating potential landbank monetisation for some of its aged plantation land areas for renewable energy…
Insurers buy mortgages outright in new twist
Yield-hungry insurance firms are adopting an unconventional strategy. They’re skipping mortgage-backed bonds and buying the underlying whole loans outright.
Hong Seng acquires HSF for RM45mil
Hong Seng Consolidated Bhd’s wholly owned subsidiary HS Green Valley Sdn Bhd (HSGV) has entered into an agreement to acquire…