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RHB Bank
RHB Bank Berhad () is a Malaysian bank based in Kuala Lumpur and founded in 1997. It is the fourth largest fully integrated financial services group in Malaysia. RHB Bank has over 200 branches in Malaysia and provides a range of banking products and services for individuals, small businesses and corporates. RHB Bank is one of the few banks in Malaysia that offers Islamic banking products and services. These products are offered through its subsidiary, RHB Islamic Bank Berhad. RHB Islamic Bank has a wide network of branches and Automated teller machine, ATMs in Malaysia and provides a range of banking products and services that are compliant with Shariah principles. RHB Bank is listed on the Bursa Malaysia and has a market capitalisation of RM24.77 billion as of August 2022. History A wholly owned subsidiary of RHB Capital, RHB Bank Berhad is a result of three mergers –with Kwong Yik Bank Berhad, Sime Bank Berhad and Bank Utama (Malaysia) Berhad in 1997, 1999 and 2003. It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Loke Yew
Loke Yew Order of St Michael and St George, CMG (; 1845–1917), born Wong Loke Yew, was a Malayan business magnate of Cantonese people, Cantonese descent. During his lifetime, he played a significant role in the development of Kuala Lumpur and was also one of the founding fathers of Victoria Institution in Kuala Lumpur. Early life Loke was born of humble parentage in Dongjiang village, Heshan, Guangdong, China, in 1845. He was the only son in a family of four children, and spent his childhood working as a farm hand before he decided to set sail to Malay Peninsula, Malaya to seek his fortune. He was only 13 years old then. The young Wong dropped his surname ''Wong'' upon arriving in Singapore, and changed his middle name to 陸(Lù) and adopted it as his surname as he thought the Chinese names, new name sounded more auspicious. His relatives recommended him for his first job at Kwong Man General Store, a provision shop in List of roads in Kuala Lumpur, Market Street and earned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Government-owned Companies Of Malaysia
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Companies In The FTSE Bursa Malaysia KLCI
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Companies Listed On Bursa Malaysia
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and 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 duties according to the publicly declared incorporatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Banks Of Singapore
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Banks Established In 1997
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
1997 Establishments In Malaysia
Events January * January 1 – The Emergency Alert System is introduced in the United States. * January 11 – Turkey threatens Cyprus on account of a deal to buy Russian S-300 missiles, prompting the Cypriot Missile Crisis. * January 16 – Murder of Ennis Cosby: Near Interstate 405 (California) on a Los Angeles freeway, Bill Cosby's son Ennis is shot in the head in a failed robbery attempt. * January 17 – A Delta II rocket carrying a military GPS payload explodes, shortly after liftoff from Cape Canaveral. * January 18 – In northwest Rwanda, Hutu militia members kill 6 Spanish aid workers and three soldiers, and seriously wound another. * January 19 – Yasser Arafat returns to Hebron after more than 30 years, and joins celebrations over the handover of the last Israeli-controlled West Bank city. (→ Hebron Agreement) * January 23 – Madeleine Albright becomes the first female Secretary of State of the United States, after confirmation by the United States Sen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
The Star (Malaysia)
Star Media Group Berhad (doing business as The Star; ) is a conservative 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 (), 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 were relocated to Kuala Lumpur. ''The Star'' continues to expand its wings over the years. In 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
AmBank
AmBank Group comprises AMMB Holdings Berhad (AMBANK 1015) is one of the largest banking groups in Malaysia whose core businesses are retail banking, wholesale banking, Islamic banking, and life and general insurance. The Group trades under a number of brands, including AmBank, AmInvestment Bank, AmInvest, AmBank Islamic, AmGeneral Insurance and AmMetLife. AmBank, its key brand, covers its retail and wholesale banking businesses and is supported by a network of 175 branches and 766 ATM machines in Malaysia (as stated on its website). AmBank Group was founded in 1975 as Persian - Malaysian Development Bank by Hussain Najadi, the Founder. Tan Sri Azman Hashim, the current group chairman, has an interest of 14.01% in AMMB Holdings as at 30 June 2014. The single largest shareholder in AMMB Holdings is Australia's ANZ Group with a stake of 23.78% as at 30 June 2014.AMMB Holdings Berhad "Annual Report 2014" In 2006, Amcorp's interest in AMMB was reduced to 18.8% from 32.9% aft ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Sime Darby
Sime Darby Berhad, referred to as Sime, is a Malaysian trading conglomerate. Its core businesses operate and serve in the industrial equipment and automotive sectors. Background The modern Sime Darby Berhad corporation was created in 2007 through a merger of three companies. Sime, Darby and Co. Limited In October 1910, British businessmen William Sime and Henry Darby established Sime, Darby and Co., a fledgling player in the lucrative rubber industry. The company later diversified to cultivating palm oil and cocoa and met with enormous success. At the time of the company's founding, William Middleton Sime was a 37-year-old Scottish adventurer and fortune seeker. He had two failed ventures behind him – one in import-export business and the other in coffee plantations – when he left his job as a mercantile assistant in Singapore. Henry Darby was a wealthy 50-year-old English banker who owned property in Northern Malaya. A senior partner of the audit firm of the Sime Da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
