Friday , 22 January 2021
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Tag Archives: investment

CIMB eyes RM300mil sales from new fund

Monday, 6 February 2017 KUALA LUMPUR: CIMB-Principal Asset Management Bhd expects to raise RM300mil in sales from its newly-launched CIMB-Principal Preferred Securities Fund (PSF) this year. Chief executive officer Munirah Khairuddin said the preferred securities potentially offered attractive yields, especially in an environment with low interest rates and heightened volatility. …

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Tabung Haji to invest RM2 billion in UK & Australia real estate

Saturday, 4 February 2017 PUTRAJAYA: Lembaga Tabung Haji will allocate RM2 billion for real estate investments in UK and Australia for the next 3 years. Group managing director/chief executive officer Datuk Seri Johan Abdullah said this investment strategy would ensure Tabung Haji of recurring income in the future. “We haven’t …

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Bank Negara international reserves at US$94.6 billion as at 30 December 2016

Saturday, 7 January 2017 KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$94.6 billion (equivalent to RM424.2 billion) as at 30 December 2016 compared with US$95.3 billion (RM409.1 billion) as at end-2015. BNM said the reserves level as at 30 December 2016 had taken into account the adjustment …

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China’s 2016 ODI likely to hit US$161 billion

Tuesday, 27 December 2016 BEIJING: China’s non-financial outbound direct investment (ODI) is likely to hit 1.12 trillion yuan (US$161.19bil) in 2016 and foreign direct investment into China will total 785 billion yuan. The government will “promote the healthy and orderly development of outbound investment and cooperation” in 2017. China’s ODI …

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