MREM Press Releases
UMW Holdings Registers Profit Before Taxation Of RM4.2 Million For The First Half Of 2020; Expects Improved Second Half
KUALA LUMPUR, Aug 27 (Bernama) — The prolonged Covid-19 pandemic had a significant impact on UMW Holdings Berhad’s financial results for the first six months of 2020. The Group’s revenue reduced by 36.6% to RM3,648.9 million. The Group was also impacted by share of losses of RM44.1 million from one of
Malaysian Government Makes Digital Transformation A Priority For Enhancement Of Public Service Delivery
Crowdsourcing solutions from the Rakyat to accelerate digitalisation of government services delivery in response to the change in operating conditions post COVID-19 Pandemic KUALA LUMPUR, Aug 28 (Bernama) — The Malaysian government will further accelerate the digitalisation of selective government services delivery in response to the ‘new normal’ brought about by COVID-19
DCG Enters into Bitcoin Mining with Newest Subsidiary: Foundry
The new company will provide capital and advisory services to empower the digital asset mining ecosystem DCG commits to $100 million investment in Foundry through 2021 NEW YORK, Aug 28 (Bernama-BUSINESS WIRE) — Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, today announced a new
CSOP To Bring CSOP Hang Seng TECH Index ETF (Stock Ticker:3033.HK) To List On The HKEX
HONG KONG, Aug 28 (Bernama-BUSINESS WIRE) — CSOP Asset Management Limited (“CSOP”) is proud to announce the listing of CSOP Hang Seng TECH Index ETF (stock ticker: 3033.HK) on Hong Kong Stock Exchange. As the first ETF tracking the newly launched Hang Seng TECH index, CSOP Hang Seng TECH Index ETF
Dr. Akinwumi Adesina re-elected as President of the African Development Bank Group
ABIDJAN, Côte d’Ivoire, Aug 28 (Bernama-GLOBE NEWSWIRE) — Dr. Akinwumi A. Adesina has been re-elected to serve a second five- year term as President of the African Development Bank Group on Thursday, August 27, 2020 by the Board of Governors of the Bank. A globally renowned development economist and a
Malaysia’s National Day Special Issue – Knowledge-based Economy Is Key To Becoming A Developed Nation And Expansion Of Islamic Finance Will Boost Malaysian Economy
KUALA LUMPUR, Aug 28 (Bernama) — As Malaysia turns 63 years old, the country will need to continue its transformation in becoming a knowledge-based economy to achieve its status as a developed nation, says Chris Wang. Wang, CEO of the Asia Pacific Investment Bank (APIB) says Malaysia’s economic development has been
Hotel Nikko Chengdu Yixin Lake To Open In October 2022
The first property of Okura Nikko Hotels to be inaugurated in Sichuan Province, aimed at further strengthening the company’s network of properties in China TOKYO, Aug 27 (Bernama-BUSINESS WIRE) — Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., announced that it will open Hotel Nikko Chengdu
BIMB Holdings Berhad Announces Group’s PBZT Of RM574.1 Million For 1H20
HIGHLIGHTS · Group Profit Before Zakat and Taxation (“PBZT”) was 7.5% lower at RM574.1 million.· Net Return on Equity (“ROE”) was 12.6%.· Bank Islam posted RM389.0 million in PBZT.· Takaful Malaysia’s PBZT was RM211.8 million. KUALA LUMPUR, Aug 27 (Bernama) — BIMB Holdings Berhad’s (“BHB”) warded off major challenges triggered by the COVID-19 pandemic, posting
Bernama Radio Forges Cooperation With Manis FM
KUALA LUMPUR, Aug 27 (Bernama) — The voices of entrepreneurs in the East Coast can now not only be heard by the locals, but will also reach listeners in the Klang Valley, Johor Bahru, Kuching and Kota Kinabalu. This is made possible by a Memorandum of Understanding (MoU) signed today between
ADM Completes Previously Announced $850 Million Dual Tranche Capital Raise
CHICAGO, Aug 27 (Bernama-BUSINESS WIRE) — ADM (NYSE: ADM) today announced that it has completed the second of its two previously announced capital raising transactions: the issuance of $300 million aggregate principal amount of zero-coupon bonds, due in 2023 and exchangeable into Wilmar shares. When combined with ADM’s secondary block trade