News: Malayan Banking Bhd (MLYBY.PK)
Thu, Jun 13 2013
PM urges government funds to invest in mid-cap stocks-Business Times
NOTE: Reuters has not verified these stories and does not vouch for their accuracy.
Local brokerage TA Securities raised its target price for Axiata Group Berhad by 17.1 percent to 7.41 ringgit per share after the mobile telephone operator reported strong earnings for the financial year 2012 late on Thursday.
Kenanga Research raised its target price on the country's largest bank Malayan Banking Berhad to 10.90 ringgit per share from 10.40 ringgit on the back of strong earnings in 2012.
KUALA LUMPUR, Feb 21 - Malayan Banking Bhd (Maybank), Southeast Asia's fourth-biggest lender by assets, reported a 16 percent rise in quarterly profit on Thursday, bolstered by higher net loans, advances and fee income.
MANILA, Jan 25 - Malayan Banking Bhd (Maybank) , Southeast Asia's fourth-largest bank by assets, is injecting $100 million into its Philippine unit as it seeks to quadruple its network in the fast-growing economy over the next five years, it said on Friday.
Maybank Kim Eng raised its target price on Singapore property developer Keppel Land Ltd to S$4.78 from S$4.74 and maintained its 'buy' rating, citing "attractive" valuations.
(The following statement was released by the rating agency)
KUALA LUMPUR, Dec 24 - Malaysian tycoon Syed Mokhtar Al-Bukhary will take palm oil to sugar processor Tradewinds (M) Bhd private in a cash deal worth at least 1.5 billion ringgit ($490.20 million), Maybank Investment said on Monday.