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Bank Islam Malaysia to conclude restructuring exercise by August | Money


Wednesday, 21 Apr 2021 07:57 PM MYT
A bank staff speaks on the phone inside the Bank Islam branch office in Shah Alam November 13, 2013.   Reuters pic
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KUALA LUMPUR, April 21 Bank Islam Malaysia Bhd (BIMB) is expected to be listed on the main board of Bursa Malaysia in August this year, as part of parent company BIMB Holdings Bhd’s (BHB) conclusion of its conclusion of its restructuring exercise.
BIMB chief executive officer Mohd Muazzam Mohammed said BIMB Holdings applied for restructuring approval in December 2019 but due to the Covid-19 crisis, only received it from Bank Negara Malaysia and the Ministry of Finance in December 2020. ....

Kuala Lumpur , Sdn Bhd , Shah Alam , Keluarga Bhd , Mohd Muazzam Mohammed , Syarikat Al Ijarah Sdn Bhd , Mohd Muazzam , Bank Islam , Securities Holdings Bhd , Kuala Lumpur High Court , Bank Islam Malaysia Bhd , Centre Of Digital Experience , Bank Negara Malaysia , Holdings Bhd , Shah Alam November , Bursa Malaysia , Syarikat Takaful Malaysia Keluarga Bhd , Digital Experience , குவாலா லம்பூர் , ஸ்டன் ப்ட் , ஷா ஆலம் , மொஹட் மூஅஜ்ஜம் முகமது , மொஹட் மூஅஜ்ஜம் , வங்கி இஸ்லாம் , குவாலா லம்பூர் உயர் நீதிமன்றம் , வங்கி இஸ்லாம் மலேசியா ப்ட் ,

MHB, Tasco, Axis REIT, LuxChem, Widad, BIMB, CIMB, TM, Maybank and Hong Leong Bank


KUALA LUMPUR (April 21): Based on corporate announcements and newsflow today, companies in focus on Thursday (April 22), may be as follows: Malaysia Marine and Heavy Engineering Holdings Bhd, Tasco Bhd, Axis Real Estate Investment Trust, Luxchem Corp Bhd, Widad Group Bhd, BIMB Holdings Bhd, CIMB Group Holdings Bhd, Telekom Malaysia Bhd, Malayan Banking Bhd and Hong Leong Bank Bhd.
Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) disclosed today that the value for the engineering, procurement, construction, transportation and installation, and hook-up and commissioning services (EPCIC) contract secured from SapuraOMV Upstream (Sarawak) Inc is RM1 billion. The duration of the contract in the Jerun gas field, which lies in the SK408W block off the coast of Bintulu, is 40 months.  The group had announced the contract awarded to its wholly-owned unit Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) last Thursday. ....

Kuala Lumpur , East Malaysia , Malaysia General , Sungai Limau , Bhd Maybank , Sdn Bhd , Tasco Bhd , Mohd Muazzam Mohamed , Group Holdings Bhd , Engineering Holdings Bhd , Bank Islam , Widad Group Bhd , Axis Real Estate Investment Trust , Luxchem Corp Bhd , Bank Islam Malaysia Bhd , Hong Leong Bank Bhd , Thai Bank , Sapuraomv Upstream Sarawak Inc , Global Solutions , Axis Real Estate Investment , Global Cyber Security Operations Centre , Holdings Bhd , Malaysia Marine , Heavy Engineering Holdings Bhd , Telekom Malaysia Bhd , Malayan Banking Bhd ,