Interpacific Asset Management views the 4% to 5% gross domestic product (GDP) target as remaining intact buoyed by the much better progress on the global front, especially in China, which could continue providing a domino effect on Malaysia despite the slightly lower third-quarter (3Q23) economic growth forecast for this year.
The Securities Commission Malaysia's (SC) decision to suspend the New Capital Markets Services Representative’s Licence (CMSRL) of Inter-Pacific Asset Management Sdn Bhd (IPAM) executive director and fund manager Datuk Nazri Khan Adam Khan for six months is appropriate, said the commission’s chairman Datuk Seri Dr Awang Adek Hussin.
The Securities Commission Malaysia (SC) has suspended the Capital Markets Services Representative's Licence of Inter-Pacific Asset Management Sdn Bhd (IPAM) executive director and fund manager Datuk Nazri Khan Adam Khan for six months, effective Oct 6.
KUALA LUMPUR: Securities Commission Malaysia (SC) has suspended the Capital Markets Services Representative's license of Inter-Pacific Asset Management Sdn Bhd (IPAM) executive director and fund manager, Datuk Nazri Khan Adam Khan for six months, effective Oct 6, 2022.
Bursa Malaysia is likely to trend higher this week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) expected to break the 1,500-mark due to the optimism that there will not be a global recession.