PUTRAJAYA, March 15 — Sixty per cent of the 1,475 tenants of the Railway Asset Corporation (RAC) are Bumiputeras, said Transport Minister Anthony Loke Siew Fook. He said RAC which is an agency under the Ministry of Transport (MOT) focuses on empowering Bumiputeras, and at the same time does not leave out the non-Bumiputeras, in … Read more
KUALA LUMPUR, March 14 — Calling all arts, illustration, and eco-friendly product lovers! Get ready for STIVE ASIA, South-east Asia’s leading creative hub that serves to connect talented artists and individuals who love arts, sustainable goods, and love making a difference through purposeful art. Operating under the banner of creativity and ESG (Environmental, Social, and … Read more
KUALA LUMPUR, March 13 — An offshore asset recovery specialist told the Commercial High Court today she did not see evidence that US$120 million of funds that flowed into former prime minister Datuk Seri Najib Abdul Razak’s bank account had been returned to Tanore Finance Corp owned by an associate of Malaysian fugitive Jho Low. … Read more
KUALA LUMPUR, March 5 — Toh Puan Na’imah Abdul Khalid, the wife of former finance minister Tun Daim Zainuddin, has filed an application to ultimately challenge the validity and constitutionality of a legal provision that was used to charge her for alleged failure to declare her assets to the Malaysian Anti-Corruption Commission. News portal Malaysiakini … Read more
KUALA LUMPUR – Torum International Sdn Bhd diberi kelulusan secara prinsip (AIP) daripada Suruhanjaya Sekuriti Malaysia (SC) di bawah rangka kerja Pengendali Pasaran Diiktiraf (RMO) menjadi pertukaran aset digital (DAX) berlesen keenam, yang beroperasi bersama-sama dengan lima peserta DAX semasa yang lain. SC juga telah memberikan Torum AIP kelulusan sebagai Broker Digital (DB) kedua di … Read more
MILWAUKEE, Feb. 09, 2024 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of January 31, 2024 totaled $150.9 billion. Artisan Funds and Artisan Global Funds accounted for $73.1 billion of total firm AUM, while separate accounts and other AUM1 accounted for $77.8 billion. PRELIMINARY … Read more
KUALA LUMPUR, Feb 8 — Tan Sri Mokhzani Mahathir and Mirzan Mahathir have requested that the Malaysian Anti-Corruption Commission (MACC) be patient about their asset declarations as they were given 30 days to comply with the orders for them to declare assets amassed over four decades. Both sons of former prime minister Tun Dr Mahathir … Read more
Toronto, ON, Jan. 25, 2024 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Fund (NEO:FGX), is pleased to announce the monthly distribution payable on the Shares of the below listed Fund. Faircourt Funds Trading Symbol Distribution Amount (per share/unit) Ex-Dividend Date Record Date Payable Date Faircourt Gold Income Corp. FGX $0.024 … Read more
SINGAPORE, Jan. 25, 2024 (GLOBE NEWSWIRE) — UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that its Hong Kong subsidiary has officially upgraded its Type 1 license to include virtual asset dealing service, making it one of the first mainstream online … Read more
Commentary by the Fund Manager, Viljar Arakas The defining feature of 2023 was the fastest interest rate increase in the Eurozone’s 25-year history. Compared to the previous year, EfTEN Real Estate Fund AS’s consolidated interest expense nearly doubled in relation to EBITDA, directly impacting the fund’s free cash flow. However, due to the fund’s conservative … Read more
