<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 28): Public Mutual Bhd, a wholly-owned subsidiary of Public Bank Bhd, has declared distributions amounting to more than RM51 million for eight of its funds for the financial year ended Sept 30, 2018 (FY18).</p></div>

<div class=newsTextDataWrapInner><p>In a statement today, Public Mutual said gross distribution per unit is 4.25 sen for its Public Enterprises Bond Fund; 2.5 sen for PB Global Equity Fund; 1.5 sen for Public Singapore Equity Fund; and one sen for Public Strategic Balanced Fund.</p></div>

<div class=newsTextDataWrapInner><p>As for Public Strategic SmallCap Fund, Public Advantage Growth Equity Fund, Public Islamic Advantage Growth Equity Fund and PB SmallCap Growth Fund, the distribution is 0.5 sen per unit.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Public Mutual is Malaysia’s largest private unit trust company with more than 130 unit trust funds under its management. As at end-August 2018, the total fund size managed by the company stood at RM83.8 billion.</p></div>


KUALA LUMPUR (Sept 28): Public Mutual Bhd, a wholly-owned subsidiary of Public Bank Bhd, has declared distributions amounting to more than RM51 million for eight of its funds for the financial year ended Sept 30, 2018 (FY18).

In a statement today, Public Mutual said gross distribution p...

Public Mutual declares RM51m distributions for eight funds

Nissan Motor Co said full-year operating profit came in at ¥530 billion (RM16.43 billion) — 15% lower than it forecast as recently as February as sales fell short of expectations.

Sales were 3.44 million units, less than the 3.55 million forecast given on Feb 8, the automaker said on Friday.

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Shares of IT services firm Infomina Bhd fell on Friday to its lowest in nearly one year as its latest results disappointed investors even as analysts largely remained bullish.

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MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times, ahead of its listing on the Bursa Malaysia Main Market on April 30.

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WASHINGTON (April 18): The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation and avoid tying their policy decisions too closely to anticipated moves by the U.S. Federal Reserve.

Receding expectations for a near-term interest cut by the U.S....

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Batik Air will suspend its operations to Istanbul, Turkiye, effective May 1, 2024, and affected passengers will be notified via email and text, said the airline operator, Malindo Airways Sdn Bhd.

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Indonesia said fiscal and monetary policies are in sync to cushion the economy from the rising dollar, demonstrating an all-hands-on-deck approach, with the central bank signalling they’re intervening more actively to aid the rupiah.

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Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

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<p>RHB Investment Bank Bhd (RHB IB) on Friday upgraded Public Bank Bhd to “buy” from “neutral”, with a higher target price (TP) of RM4.80 (from RM4.70).</p>


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<p>The oil-rich Malaysian state of Sarawak in Borneo is aiming to transform itself into a centre for clean hydrogen energy, betting that its ability to harness an abundance of hydropower can help it defy challenges that are clouding the fuel’s prospects elsewhere.</p>


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<p>Malaysia's economy grew by 3.9% in the first quarter of 2024 (1Q2024), as compared to 3.0% in the previous quarter, according to Department of Statistics Malaysia (DOSM) advance gross domestic product (GDP) estimates.</p>


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<p>Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports Israel attacked Iran in a continuing series of assaults that have increased concerns of a wider Middle East conflict.</p>


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<p>Apple said on Friday it had removed Meta Platforms' WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.</p>


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<p>The Malaysian rubber glove industry has demonstrated resilience and adaptability amidst challenging global dynamics, with optimism for a rebound in 2024, with an anticipated surge to approximately 450 billion pieces by 2027 despite a downturn in 2023, according to the Malaysian Rubber Glove Manufacturers Association (Margma).</p>


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<p>RHB Retail Research said Inari Amertron Bhd is poised to challenge the RM3.27 resistance level once again, which would make this its fourth attempt this year.</p>


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<p>Melaka State Secretary Datuk Zaidi Johari died of a heart attack this morning. He was 54.</p>

<p>According to a statement from the Melaka Chief Minister’s Office, Zaidi breathed his last at about 8.15am at Hospital Melaka here.</p>
