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Labuan FSA names Wan Fadzmi as new chairman

Sedania unit inks deal to bid for digital Islamic bank licence

Sedania Innovator Bhd unit Sedania As Salam Capital Sdn Bhd (SASC) has inked a memorandum of understanding with FCA Capital Sdn Bhd in its bid for a digital Islamic bank licence from Bank Negara Malaysia (BNM).

Summary of business stories from June 21 to 27

Corporate News Astro and Netflix have entered into a partnership that will see the streaming service brought on to Astro s platform. The content providers announced in a joint statement that Astro customers will soon be able to access Netflix on their connected Ultra Boxes, first at launch, and subsequently on Ulti Boxes. The partnership offers their Malaysian customers greater convenience by having Netflix with their Astro subscription, which will provide easy access for payment in a single bill at the best value. Oil services and engineering company Serba Dinamik Holdings Bhd is taking legal action against its external auditor KPMG PLT for alleged negligence, breach of contract and breach of statutory duty.

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