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Hong Leong Bank
Hong Leong Bank Berhad (; ) is a major public listed banking group in Malaysia. History Early beginnings Hong Leong Bank began its operations in 1905 in Kuching, Sarawak, under the name of ''Kwong Lee Mortgage & Remittance Company''. The company granted loans against the security of export commodities such as pepper, rubber and other indigenous products. It also provided the services of remitting money of overseas Chinese to their families in the Southeast region of China. In the initial years, the company went through a difficult period of growth, caught in the middle of a few economic crises. The First World War broke out in 1914 causing panic in the financial circles. A few years after hostilities ended, the post-war Recession of 1920-1921 set in. After the recession, the company opened its branch in Sibu in 1923. Three years later, another branch was opened in Singapore in 1926. The year 1929 saw the start of the Great Depression that lasted until 1933. The Depression c ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Johor
Johor (; ), also spelled as Johore, is a States and federal territories of Malaysia, state of Malaysia in the south of the Malay Peninsula. Johor has land borders with the Malaysian states of Pahang to the north and Malacca and Negeri Sembilan to the northwest. Johor shares maritime borders with Singapore to the south and Indonesia to both the west and east. Johor Bahru is the capital city and the economic centre of the state, Kota Iskandar is the seat of the state government, and Muar (town), Muar serves as the royal town of the state. The old state capital is Johor Lama. As of 2020, the state's population is 4.01 million, making it the second most populated state in Malaysia. Johor has highly biodiversity, diverse tropical rainforests and an equatorial climate. The state's mountain ranges form part of the Titiwangsa Range, which is part of the larger Tenasserim Hills, Tenasserim Range connected to Thailand and Myanmar, with Mount Ophir being the highest point in Johor. While i ...
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Sharia
Sharia (; ar, شريعة, sharīʿa ) is a body of religious law that forms a part of the Islamic tradition. It is derived from the religious precepts of Islam and is based on the sacred scriptures of Islam, particularly the Quran and the Hadith. In Arabic, the term ''sharīʿah'' refers to God's immutable divine law and is contrasted with ''fiqh'', which refers to its human scholarly interpretations. In the historical course, fiqh sects have emerged that reflect the preferences of certain societies and state administrations on behalf of people who are interested in the theoretical (method) and practical application (Ahkam / fatwa) studies of laws and rules, but sharia has never been a valid legal system on its own. It has been used together with " customary (Urf) law" since Omar or the Umayyads. It may also be wrong to think that the Sharia, as a religious argument or belief, is entirely within or related to Allah's commands and prohibitions. Several non-graded crimes are ...
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EON Bank
EON Bank Berhad was a company listed on the Main Board of Bursa Malaysia (formerly known as the Kuala Lumpur Stock Exchange or Oriental Bank) on 23 December 2002. It is the holding company of EON Bank Group. It is now part of Hong Leong Bank Hong Leong Bank Berhad (; ) is a major public listed banking group in Malaysia. History Early beginnings Hong Leong Bank began its operations in 1905 in Kuching, Sarawak, under the name of ''Kwong Lee Mortgage & Remittance Company''. The c ... Group. EON Bank Berhad is a licensed banking and finance company operating under the regulations of Bank Negara Malaysia under the provisions of the Banking and Financial Institutions Act, 1989. EON Bank is principally engaged in the provision of a comprehensive range of both conventional and Islamic banking services and products. Branches transformation The bank has adopted the fruit symbol as a part of its Project Quantum Leap (PQL) initiated in the last quarter of 2007. A total of RM 180 mi ...
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Bank Negara Malaysia
The Central Bank of Malaysia (BNM; ms, Bank Negara Malaysia) is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya (''Bank Negara Tanah Melayu''), its main purpose is to issue currency, act as banker and adviser to the government of Malaysia and regulate the country's financial institutions, credit system and monetary policy. Its headquarters is located in Kuala Lumpur, the federal capital of Malaysia. The Bank is the only institution permitted to issue the Malaysian ringgit into circulation. Powers of the Bank The Central Bank is empowered through enactment of legislation by the Parliament of Malaysia. New legislation are created and current legislation is amended to reflect the needs of the time and future. Development Financial Institutions Act 2002 Promotes the development of effective and efficient development financial institutions. Central Bank of Malaysia Act 2009 Provides the establishment, administration and powers of ...
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Bursa Malaysia
Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offering a wide range of currency exchange and related services including trading, settlement, clearing and savings services. Along with the Securities Commission of Malaysia, the stock exchange regulates the capital market in Malaysia and through its facilities, upholds the duty to manage and maintain order in the trading of stocks, bonds and derivatives. History Bursa Malaysia was established in 1930 when the Singapore Stockbrokers Association became an official organization of securities in Malaya. In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on May 9 that year. In 1961, a board system was int ...
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Berjaya Group
Berjaya Corporation Berhad (; formerly known as the Berjaya Group Berhad, Inter-Pacific Industrial Group Berhad and Raleigh Berhad) is a Malaysia-based corporation which controls a wide array of businesses, including consumer marketing, Property development and investment, as well as hotels, resorts and recreation development. It also specialises in gaming and lottery management, food and beverage, motor trading and distribution, investment on environmental services and clean technology, finally telecommunication and information technology-related services and products. History Berjaya was previously known as Berjaya Kawat Berhad founded by Broken Hill Proprietary Ltd, Australia and National Iron & Steel Mills, Singapore. In 1984, Vincent Tan took a stake in Berjaya Industrial Berhad. In 1985, Tan bought 51% of Sports Toto from the Malaysian government. He then injected Sports Toto into Berjaya, swapping his shares in Sports Toto for a controlling stake in Berjaya. The shareholdi ...
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Vincent Tan
Vincent Tan Chee Yioun (; born 1952) is a Malaysian Chinese businessman and investor. He is the founder of Berjaya Corporation Berhad, a diversified conglomerate listed on the Malaysian stock exchange. Besides holding stakes through the Berjaya Corporation group of companies, Tan's other stakes include interest in internet–related businesses, water utilities, media, retail and telecommunications. In 2010, he entered the Forbes billionaire list with an estimated worth of USD 1.6 billion (RM4.2 billion). Tan's success in the Malaysian business sector has been attributed in part to his close association with prominent Malay political figures. Early life Tan was born in Batu Pahat in 1952, and studied at Batu Pahat High School. Tan had originally planned to study law in New Zealand, but as his father's business was failing, he found work as a clerk in a bank instead. He then sold life insurance for AIA and became an agency manager at AIA by the age of 23. Tan then started ...
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Hong Leong Group
Hong Leong Financial Group Berhad () is a conglomerate based in Malaysia. Founded as a trading company in 1963 by Quek Leng Chan and Kwek Hong Png, the company controls 14 listed companies involved in the financial services, manufacturing, distribution, property and infrastructure development. The group's shares are listed on stock exchanges of Malaysia, Singapore, Hong Kong, Manila and Europe. Hong Leong Group Banking Hong Leong Financial Group is the holding company for Hong Leong Group's banking and financial services. * Hong Leong Bank * Hong Leong Capital * Hong Leong Assurance Manufacturing * Hong Leong Industries Berhad * Malaysian Pacific Industries Berhad * Southern Steel Berhad * Hume Industries Berhad Property development * Guoco Group * Guoco Leisure Ltd - the holding company (listed on Singapore Exchange) of an international hospitality and leisure group, operating through a subsidiary GLH Hotels Limited headquartered in London, UK. Malaysian Newsprint Industrie ...
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MUI Group
Malayan United Industries Berhad (MUI; ) was founded in 1960, and owned by Khoo Kay Peng. The main businesses of the group includes retailing, hotels, food and confectionery, financial services, property, travel and tourism. The group has business presence in the UK, Continental Europe, the US, Canada, the UAE, Malaysia, Thailand, Australia, Hong Kong, China, Japan and Singapore. Some of the major company names in MUI group includes Metrojaya Berhad, Laura Ashley plc, Corus Hotels and Network Foods. The company also purchased evangelist Jim Bakker's bankrupt Heritage USA Christian resort and theme park in Fort Mill, South Carolina, in 1991 and operated it for a number of years under its subsidiary, Regent Carolina Corporation, before selling the property in the mid-2000s. In recent years, MUI relocated Laura Ashley's United States corporate headquarters to a building at the former Heritage USA Heritage USA was an American Christian-themed water park, theme park and residen ...
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Berhad
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalised co ...
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Kota Kinabalu
, image_skyline = , image_caption = From top, left to right, bottom:Kota Kinabalu skyline, Wawasan intersection, Tun Mustapha Tower, Kota Kinabalu Coastal Highway, the Kota Kinabalu City Mosque, the Wisma Tun Fuad Stephens, Marlin and I❤KK Statue, Gaya Street during Chinese New Year. , image_flag = Flag of Kota Kinabalu.svg , image_seal = Seal of Kota Kinabalu.svg , image_map = , map_caption = Location of Kota Kinabalu in Sabah , pushpin_map = #Malaysia Sabah#Malaysia#Southeast Asia#Asia , pushpin_mapsize = 275px , pushpin_map_caption = Kota Kinabalu in Sabah , coordinates = , subdivision_type = Country , subdivision_type1 = State , subdivision_name = , subdivision_name1 = , subdivision_type2 = ...
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