Live Breaking News & Updates on குழு ஹோல்டிங்ஸ் ப்ட்|Page 5
Stay updated with breaking news from குழு ஹோல்டிங்ஸ் ப்ட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
KUALA LUMPUR (July 18): CIMB Group Holdings Bhd s subsidiary CIMB Bank Bhd has proposed to issue US$20 million (about RM84.11 million) worth of bonds under CIMB Bank’s US$5 billion Euro Medium Term Note Programme (EMTN). In a fling with Bank Negara Malaysia’s (BNM) Fully Automated System for Issuing/Tendering (FAST) website on Friday (July 16), CIMB Investment Bank Bhd, which is facilitating the bond sale, said CIMB Bank’s US$20 million scheme pays investors an interest rate of 1.35% a year. CIMB Investment Bank said the five-year US$20 million scheme, which will be issued on Wednesday (July 21, 2021), will mature on July 21, 2026. ....
has said that its buffers remain comfortable despite some need for top-ups as more borrowers apply for repayment relief given the latest moratorium. The banking group is maintaining its 80-90bps credit cost guidance for now, but acknowledges the heightened uncertainties, especially in Malaysia. There could be some further top-up provisions (hinges on the lockdown period) but management reiterated that the existing pre-emptive buffers are still sufficient, said RHB Research in a note following a briefing. The portion of Malaysian consumer loans on relief programmes fell to as low as 6% in end-May versus 14% in end-Dec 2020 but has since climbed higher, given the latest iteration of the moratorium. ....
Friday, 16 Jul 2021 11:06 AM MYT A CIMB Bank branch is pictured in Kuala Lumpur, July 9, 2021. Picture by Firdaus Latif Follow us on Instagram and subscribe to our Telegram channel for the latest updates. KUALA LUMPUR, July 16 AmInvestment Bank Bhd is maintaining a “buy” call on CIMB Group Holdings Bhd with an unchanged fair value of RM5.60 per share on expectation of decent second quarter (Q2) 2021 profit without lumpy provisions. The financial services group is scheduled to announce its results for the quarter ended June 30, 2021, on Aug 27. AmInvestment Bank said Q2 2021 was unlikely to see significant provisions for loans related to Covid-19 impacted sectors, with its management being comfortable with provisions buffers that the group had already built up thus far to weather the challenges from lockdowns implemented due to the pandemic. ....
Serba Dinamik was retail investors' top net buy stock on Bursa for week ended July 2 — CGS-CIMB theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (July 5): Bursa Malaysia opened marginally higher as market sentiment may be improving as five states in the country are moving into Phase 2 of the National Recovery Plan (NRP). At 9.05am, the benchmark FBM KLCI had risen 0.24 of a point to 1,533.59 from last Friday’s close at 1,533.35. The market bellwether opened 0.69 of a point higher at 1,534.04. On the broader market, gainers led losers 192 to 169, while 299 counters were unchanged, 1,513 untraded and nine others suspended. Turnover stood at 286.43 million units valued at RM124.17 billion. On Saturday, the National Security Council announced that Kelantan, Pahang, Perak, Terengganu and Perlis had fulfilled the three indicators of the NRP and will move into Phase 2 today. ....