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KUALA LUMPUR: Hong Leong Islamic Bank (HLISB) kicked off the year by winning the Best Islamic Retail Bank in Malaysia award at the IFN Best Banks Poll 2024.
KUALA LUMPUR: Hong Leong Bank (HLB) has expressed its support for the signing of a memorandum of understanding (MoU) between its sister company, Singapore-based GuocoLand Limited, and UEM Sunrise Bhd.
KUALA LUMPUR: Hong Leong Bank Bhd benefited from improved top- and bottomlines, underpinned by growth in net interest income and a surge in non-interest income, in the first half of its financial year (1HFY25).
Artificial intelligence (AI) has been able to improve productivity in some parts of Hong Leong Bank Bhd (HLB), making it a complementary force rather than competition, says group managing director and chief executive officer Kevin Lam.
KUALA LUMPUR: Hong Leong Asset Management Bhd (HLAM) has declared income distribution worth RM241 million for seven funds for the Jan 1 - Dec 31, 2024 period.
HONG KONG: An elderly Singaporean man has been jailed for 11 years for attempting to rob a retail chain with a bottle of water and snatching HK$14,000 (US$1,802) from a bank with a toy gun after overstaying in Hong Kong for over a decade and exhausting his savings.
Earnings of Hiap Teck Venture Bhd in the second half of its financial year 2025 (2H25) is shaping to come in stronger on the back of the stabilisation of steel prices and lower key steelmaking input cost, as well as the recent commencement of hot rolled coil production.
AS China embarks on its economic recovery, Malaysian-listed companies with exposure to China stand to benefit significantly.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: The FBM KLCI closed the first quarter in the red, sliding 7.83% as persistent market uncertainties and cautious investor sentiment weighed on performance.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Buying in selected heavyweight counters sent the FBM KLCI higher in Thursday morning trade, despite investor trepidation over developments in Trump's tariffs war.
Hong Leong Financial Group Bhd’s commercial banking division, Hong Leong Bank Bhd’s net profit after tax for the first quarter ended Sept 30, 2024 (1Q25) improved 5.8% year-on-year (y-o-y) to RM1.1bil underpinned by robust loans and financing growth, improved non-interest income and stable contributions from its associates.
Renewable energy (RE) specialist Solarvest Holdings Bhd's latest large-scale solar 5 (LSS5) contract win of RM103mil from the Penang Development Corp (PDC) announced on March 26 ensures the company continues to be a firm bet to clinch more projects.
Gamuda Bhd is poised to exceed its order book target of RM40bil-RM45bil by the end of 2025, driven by a strong pipeline of projects across Malaysia, Australia, and Taiwan.
KUALA LUMPUR: Hong Leong Asset Management Bhd (Hong Leong AM) has launched Hong Leong Dana Dividen, a Shariah-compliant equity income and growth fund that offers investors opportunities for capital growth and regular income distribution.
KUALA LUMPUR: Hong Leong Bank Bhd kicked off its new financial year on a strong note with improved topline and bottomline, supported by loans and financing growth and higher non-interest income.
Analysts are turning cautious on Astro Malaysia Holdings Bhd, given the group's dismal financial year 2025 (FY25) results, which fell short of most consensus estimates.
KUALA LUMPUR: Stocks to watch on Friday include CIMB Group Holdings Bhd, Tenaga Nasional Bhd (TNB), Genting Bhd, Genting Malaysia Bhd, Capital A Bhd, IHH Healthcare Bhd, Hong Leong Bank Bhd, Sime Darby Bhd and Alliance Bank Malaysia Bhd.
KUALA LUMPUR: Hong Leong Industries Bhd’s net profit jumped to RM140.56 million in the first quarter ended Sept 30, 2024 (1Q 2024) from RM87.67 million in the same period a year earlier.
