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Ex-MBSB VP fined RM22,000 for not reporting graft

Ex-MBSB VP fined RM22,000 for not reporting graft

A former vice-president of MBSB was fined RM22,000 in lieu of six months jail by the Sessions Court for failing to report to the MACC a RM3,000 bribe she received five years ago.
Fri Oct 29 2021
Moody's say MBSB merger is credit positive

Moody's say MBSB merger is credit positive

This is because the merger, according to Moody's, would enable MBSB to gain access to cheaper source of funds and enables them to broaden their revenue stream.
Tue Jul 18 2017
MBSB aims to create second largest Islamic bank with AFB

MBSB aims to create second largest Islamic bank with AFB

The AFB merger is the third attempt that MBSB is making in less than three years.
Tue Jun 20 2017
Islamic banking M&A plausible, says AllianceDBS

Islamic banking M&A plausible, says AllianceDBS

Potential M&A candidates include the Malaysia Building Society Bhd (MBSB), and Bank Muamalat Malaysia Bhd (Muamalat), it said in a statement today.
Mon Feb 20 2017
Malaysia's MBSB renews merger attempt, eyes tie-up with Asian Finance Bank

Malaysia's MBSB renews merger attempt, eyes tie-up with Asian Finance Bank

Malaysia Building Society Bhd (MBSB)will begin merger talks with Asian Finance Bank Bhd (AFB) in its third attempt in about two years to convert into a full-fledged Islamic lender.
Wed Dec 21 2016
Merger talks with MBSB going on smoothly, says Bank Muamalat Chairman

Merger talks with MBSB going on smoothly, says Bank Muamalat Chairman

The merger negotiations between Bank Muamalat and Malaysia Building Society Bhd (MBSB) is going on very well and smoothly, says Bank Muamalat Chairman Tan Sri Dr Munir Majid.
Wed Nov 25 2015
Bank Muamalat -MBSB merger talks still ongoing

Bank Muamalat -MBSB merger talks still ongoing

Negotiations on the merger between Bank Muamalat and Malaysia Building Society Bhd (MBSB) are still ongoing, said Khazanah Nasional Bhd Managing Director, Tan Sri Azman Mokhtar.
Thu Nov 12 2015
MBSB's Q2 pre-tax profit declines to RM129.27 million

MBSB's Q2 pre-tax profit declines to RM129.27 million

MBSB's pre-tax profit for the second quarter ended June 30, 2015 declined to RM129.27 million from RM310.89 million in the same quarter of last year.
Thu Aug 06 2015
No merger talks on the card, says MBSB

No merger talks on the card, says MBSB

MBSB has not receive the green light from its shareholders to talk to any financial institution on a potential merger and acquisition.
Thu Apr 09 2015
RHB shares rise after mega-merger plan called off

RHB shares rise after mega-merger plan called off

RHB Capital Bhd's shares rose eight sen to RM7.73 with 844,700 shares changing hands.
Thu Jan 15 2015
Khazanah not concerned about call-off in merger

Khazanah not concerned about call-off in merger

There will be other chances for CIMB to merge in the future once the bank found a good opportunity, says Khazanah managing director, Azman Mokhtar.
Wed Jan 14 2015
CIMB, RHB and MBSB cease discussions on mega merger

CIMB, RHB and MBSB cease discussions on mega merger

The decision came about after considering the current economic conditions, the parties said in a joint statement today.
Wed Jan 14 2015
Banks' mega merger still on

Banks' mega merger still on

CIMB Group Holdings Bhd, Malaysia Building Society Bhd and RHB Capital Bhd clarifies that they are still in discussions with respect to the proposed mega merger.
Tue Jan 13 2015
CIMB-RHB-MBSB merger likely to start in 1Q15

CIMB-RHB-MBSB merger likely to start in 1Q15

The mega bank merger of CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB) will likely start in the first quarter of 2015.
Mon Nov 10 2014
CIMB, RHB Capital and MBSB seek approval from Bank Negara for three-way merger

CIMB, RHB Capital and MBSB seek approval from Bank Negara for three-way merger

CIMB, RHB Capital and MBSB said an application has been made to Bank Negara Malaysia to seek approval for its proposed three-way merger.
Thu Oct 09 2014
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024