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AIA Public
AIA PUBLIC Takaful Bhd. is a Malaysian takaful company, jointly owned by AIA Group Limited and Public Bank Berhad. The company is the successor to two former takaful operators—ING Public Takaful Ehsan and AIA AFG Takaful. ING Public was the takaful joint venture between ING Group The ING Group ( nl, ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale bankin ... and Public Bank until 2012, when AIA acquired ING's Malaysian operations. AIA AFG was the takaful joint venture between AIA and Alliance Financial Group (AFG). Subsequent to AIA's acquisition of ING's stake in ING Public (renamed AIA PUBLIC), AFG disposed of its interest in AIA AFG. AIA AFG was then merged into AIA Public, with the transfer of business completed in 2014. The series of transactions resulted in AIA Group and Public Bank holding 70 and 30 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Star (Malaysia)
''The Star'' () is an English-language newspaper in Malaysia. Based in Petaling Jaya, it was established in 1971 as a regional newspaper in Penang. It is the largest paid English newspaper in terms of circulation in Malaysia, according to the Audit Bureau of Circulations. It has a daily circulation of about 250,000 (as of January 2017), far eclipsing the circulation of its next-largest paid English-language competitor, the ''New Straits Times'' (which has a circulation of approximately 65,000). ''The Star'' is a member of the Asia News Network. It is owned by the publicly listed Star Media Group. History The daily newspaper was first published on 9 September 1971 as a regional newspaper based in Penang. ''The STAR'' went into national circulation on 3 January 1976 when it set up its new office in Kuala Lumpur. In 1978, the newspaper headquarters was relocated to Kuala Lumpur. ''The Star'' continues to expand its wings over the years. In 1981, it moved its headquarters from K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Kuala Lumpur
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Takaful Companies Of Malaysia
Takaful ( ar, التكافل, sometimes translated as "solidarity" or mutual guarantee) Khan, ''What Is Wrong with Islamic Economics?'', 2013: p.403 is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or ''sharia'' compliant alternative to conventional insurance, which contains ''riba'' (usury) and ''gharar'' (excessive uncertainty). Khan, ''What Is Wrong with Islamic Economics?'', 2013: p.402 Under takaful, people and companies concerned about hazards make regular contributions ("donations") to be reimbursed or repaid to members in the event of loss, and managed on their behalf by a takaful operator. Like other Islamic finance products, Takaful is grounded in Islamic ''Muamalat'' (commercial and civil acts or dealings branch of Islamic law). In 2018, the takaful industry had grown to a size of $27.7 billion of "contributions" (from a 2011 figure of $12 billion). The movement has been praised as providing "superior alternatives" to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2011 Establishments In Malaysia
Eleven or 11 may refer to: *11 (number), the natural number following 10 and preceding 12 * one of the years 11 BC, AD 11, 1911, 2011, or any year ending in 11 Literature * ''Eleven'' (novel), a 2006 novel by British author David Llewellyn *''Eleven'', a 1970 collection of short stories by Patricia Highsmith *''Eleven'', a 2004 children's novel in The Winnie Years by Lauren Myracle *''Eleven'', a 2008 children's novel by Patricia Reilly Giff *''Eleven'', a short story by Sandra Cisneros Music *Eleven (band), an American rock band * Eleven: A Music Company, an Australian record label *Up to eleven, an idiom from popular culture, coined in the movie ''This Is Spinal Tap'' Albums * ''11'' (The Smithereens album), 1989 * ''11'' (Ua album), 1996 * ''11'' (Bryan Adams album), 2008 * ''11'' (Sault album), 2022 * ''Eleven'' (Harry Connick, Jr. album), 1992 * ''Eleven'' (22-Pistepirkko album), 1998 * ''Eleven'' (Sugarcult album), 1999 * ''Eleven'' (B'z album), 2000 * ''Eleven'' (Reamonn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Agent
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Sun (Malaysia)
''The Sun'' (branded as ''theSun'') is Malaysia's first national free daily newspaper in tabloid form. Available from Mondays to Fridays except on public holiday, with a target audience of white-collar workers and urban youth. It is published by Sun Media Corporation Sdn Bhd, which is part of the Berjaya Media Group (formerly known as Nexnews Berhad). ''theSun'' was launched on 1 June 1993, which was originally ''The Sun''. It stopped publication on 30 June 1994, for a revamp, and resumed a month later. It became a free newspaper in 2002. Home delivery is available at RM0.30. In audited circulation figures by Audit Bureau of Circulations Malaysia for January–June 2015, ''theSun'' is the highest circulated English newspaper, with a circulation of 306,249. History Sun Media Corporation Sdn Bhd (SMCSB) was incorporated in Malaysia under the Act on 19 July 1991 as a private limited company under the name of Fikiran Abadi Sdn Bhd. On 8 December 1994, it changed its name to S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alliance Financial Group
Alliance Bank Malaysia Berhad, often known as Alliance Bank, is a publicly traded banking and financial institution in Malaysia. It offers a comprehensive range of banking and financial solutions to customers of all segments. See also *List of banks Lists of banks are contained in the following articles: By continent * List of banks in Africa – Each country in Africa has a list of banks operating in that country * List of banks in Asia – Asia has a list of banks operating in that co ... * List of banks in Malaysia References External linksAlliance Bank Malaysia Berhad [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ING Group
The ING Group ( nl, ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services. With total assets of US$1.1 trillion, it is one of the biggest banks in the world, and consistently ranks among the top 30 largest banks globally. It is among the top ten largest European companies by revenue. ING is the Dutch member of the Inter-Alpha Group of Banks, a co-operative consortium of 11 prominent European banks. Since the creation in 2012, is a member in the list of global systemically important banks. In 2020, ING had 53.2 million clients in more than 40 countries. The company is a component of the Euro Stoxx 50 stock market index. The long-term debt for the company as of December 2019 is €150 billion. ING is an abbreviation for ' (). The orange lion on ING ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jalan Ampang
Jalan Ampang or Ampang Road (Selangor state route B31) is a major road in Klang Valley region, Selangor and Federal Territory of Kuala Lumpur, Malaysia. Built in the 1880s, it is one of the oldest roads in the Klang Valley. It is a main road to Ampang Jaya and is easily accessible from Jalan Tun Razak or Jalan Ulu Klang (now part of the Kuala Lumpur Middle Ring Road 2 Route 28) from the Hulu Kelang or Setapak direction. It is also accessible from Cheras through Jalan Shamelin, from Jalan Tun Razak through Jalan Kampung Pandan via Taman Cempaka, from Kampung Pandan through Jalan Kampung Pandan Dalam via Taman Nirwana, from the Kuala Lumpur Middle Ring Road 2 via Pandan Indah & Taman Kencana and from Hulu Langat town through the mountain pass. Wangsa Maju, Setapak, central Kuala Lumpur, Ampang Park and Salak South surround Ampang. Jalan Ampang became the backbone of the road system linking Ampang to Kuala Lumpur before being surpassed by the Ampang–Kuala Lumpur Elevated Highway ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Takaful
Takaful ( ar, التكافل, sometimes translated as "solidarity" or mutual guarantee) Khan, ''What Is Wrong with Islamic Economics?'', 2013: p.403 is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or ''sharia'' compliant alternative to conventional insurance, which contains ''riba'' (usury) and ''gharar'' (excessive uncertainty). Khan, ''What Is Wrong with Islamic Economics?'', 2013: p.402 Under takaful, people and companies concerned about hazards make regular contributions ("donations") to be reimbursed or repaid to members in the event of loss, and managed on their behalf by a takaful operator. Like other Islamic finance products, Takaful is grounded in Islamic ''Muamalat'' (commercial and civil acts or dealings branch of Islamic law). In 2018, the takaful industry had grown to a size of $27.7 billion of "contributions" (from a 2011 figure of $12 billion). The movement has been praised as providing "superior alternatives" to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
