KUALA LUMPUR, April 22 — Prime Minister Datuk Seri Anwar Ibrahim today announced an initial RM1 billion allocation for sovereign wealth fund Khazanah Nasional Berhad to invest in innovative high growth Malaysian companies. He described the venture that is expected to see up to RM3 billion in the Malaysian and South-east Asian ecosystem under the … 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 9 — Lembaga Tabung Haji (TH) has accepted an apology from one of its depositors regarding the allegation of missing funds. TH Corporate Communications Division, in a statement, said TH had provided a detailed explanation to the complainant backed by clear evidence, and a meeting was held with the depositor Datu Jabidah … Read more
PUTRAJAYA, Feb 20 — Communications Minister Fahmi Fadzil today said that the government does not allocate special funds to obtain exclusive rights for international artists who hold concerts in the country. He explained that foreign artist concerts are typically organised by private companies or individuals, with minimal government involvement in funding arrangements. “Most of these … Read more
KUALA LUMPUR, Feb 17 ― Prime Minister Datuk Seri Anwar Ibrahim has emphasised the need for transparency in managing funds raised for charity in the country. Anwar, who is also the minister of finance, said organisations must adhere to regulations when raising funds to ensure they are channelled to the target groups. He said the … Read more
ROSEVILLE, Minn., Feb. 16, 2024 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, today announced that it will participate in the Gabelli Funds 15th annual specialty chemical symposium to be held at the Yale Club in New York, NY on March 14, 2024. The symposium hosted by Gabelli Funds … Read more
KUALA LUMPUR, Feb 5 — Real estate developer King’s Park has launched a fundraiser it calls the Happy Nest Building Donation that aims to collect RM15 million to build a new home for Persatuan Kebajikan Kanak-Kanak Istimewa Insan (PKKII) in Bentong, Pahang. It is also gifting a 7.75-acre land in Bentong for the children’s home … Read more
CYBERJAYA, Jan 18 — The Treasury has started disbursing funds for projects under the Budget 2024 to various agencies this month, says Prime Minister Datuk Seri Anwar Ibrahim. “The fast disbursement is meant to accelerate the projects without having to wait longer for continuous project implementation,” said Anwar, who is also finance minister at a … Read more
KUALA LUMPUR, Jan 10 — The Malaysian Anti-Corruption Commission (MACC) today confirmed it had recorded a statement from former prime minister Datuk Seri Ismail Sabri Yaakob regarding the alleged misuse of RM700 million in funds for promotion and publicity campaigns during the previous government’s administration. It is understood that his statement was taken in the … Read more
NEW YORK, Dec. 22, 2023 (GLOBE NEWSWIRE) — SP Funds, North America’s largest family of Sharia-compliant exchange-traded funds (ETFs), revealed the debut of “The SP Funds S&P World ex-USA ETF (SPWO)” on the New York Stock Exchange. Arca SPWO marks the newest inclusion in the company’s expanding range of market-oriented funds, granting investors entry to the … Read more
