Business Blog

Fitch: Proposed CIMB/RHB Merger to be Credit Neutral for CIMB CIMD.KL MBSS.KL RHBC.KL

(The following statement was released by the rating agency)SINGAPORE, October 14 (Fitch) The 9 October announcement of the in-principal agreed terms of a proposed merger between Malaysian banks CIMB Group, RHB Capital, and Malaysia Building Society (MBSB) provide some additional clarity as to how they will address some of the challenges associated with the tie-up. The merger will not necessarily l

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Malaysia's MMHE to raise up to 1bn ringgit from sukuk

Malaysia Marine and Heavy Engineering (MMHE) Holdings Bhd MHEB.KL , a provider of offshore and marine services, is looking to raise up to 1 billion ringgit (USD 307.2 million) from an Islamic bond, the Malaysia Rating Corp Bhd said

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Malaysia's MMHE to raise up to 1bn ringgit from sukuk

Malaysia Marine and Heavy Engineering (MMHE) Holdings Bhd MHEB.KL , a provider of offshore and marine services, is looking to raise up to 1 billion ringgit (USD 307.2 million) from an Islamic bond, the Malaysia Rating Corp Bhd said
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Malaysia's MMHE to raise up to 1bn ringgit from sukuk

Malaysia Marine and Heavy Engineering (MMHE) Holdings Bhd MHEB.KL , a provider of offshore and marine services, is looking to raise up to 1 billion ringgit (USD 307.2 million) from an Islamic bond, the Malaysia Rating Corp Bhd said

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Preserving surplus food

Co-founder of Rubies in the Rubble, Jenny Dawson has created a business by turning surplus food into preserved goods.{MBD} {IMAGE}

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Mobile industry in Arab states growing faster than global average

Mobile broadband (3G/4G) accounts for more than a third of total connections in the Gulf States today and is as high as 60 per cent of the total connections in Qatar, Saudi Arabia and the UAE, said Anne Bouverot, Director General of GSMA.

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