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Article Related To unit-trust

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Exemption of CGT, taxes on FSI deemed to boost capital market performance

Exemption of CGT, taxes on FSI deemed to boost capital market performance

PwC Malaysia tax partner Jennifer Chang said the exemption would encourage more unit trusts to be set up in the capital market.
Wed Jan 17 2024
Corruption charges: Bung Moktar, Zizie Izette to testify beginning Sept 23

Corruption charges: Bung Moktar, Zizie Izette to testify beginning Sept 23

Bung Moktar and his wife Zizie Izette will enter their defence on three counts of corruption charges amounting to RM2.8 million on Sept 23.
Fri Sep 02 2022
Court to decide on Sept 2 if Bung Moktar, Zizie Izette need to enter defence

Court to decide on Sept 2 if Bung Moktar, Zizie Izette need to enter defence

The Sessions Court today set Sept 2 to decide whether Bung Moktar and his wife Zizie Izette will need to enter their defence on corruption charges in connection with unit trust investment.
Fri Jun 24 2022
EPF enhances i-Invest portal with new features to help members make informed decisions

EPF enhances i-Invest portal with new features to help members make informed decisions

The enhanced i-Invest portal also incorporated Lipper-assigned benchmarks for members to compare against the unit trust funds' performances.
Thu Jun 16 2022
Zizie Izette admits receiving RM2.8 million as introduction fee  - Witness

Zizie Izette admits receiving RM2.8 million as introduction fee - Witness

The Sessions Court here was told today that Zizie Izette Abdul Samad admitted she received an introduction fee of RM2.8 million from a unit trust consultant.
Tue May 10 2022
Felcra board of directors aware of risks involved in unit trust investment - Witness

Felcra board of directors aware of risks involved in unit trust investment - Witness

Former Felcra Bhd group CFO told the Sessions Court today that Felcra's BOD was aware that the decision to invest RM150 million in Public Mutual Berhad's unit trust was risky.
Fri Apr 08 2022
Former CFO ordered to expedite Felcra BOD RM150 million investment resolution

Former CFO ordered to expedite Felcra BOD RM150 million investment resolution

Former Felcra CFO told the Sessions Court today that he had received direct instructions from Bung Moktar Radin to expedite the BOD's resolution on Felcra's RM150 million investment in unit trusts.
Wed Apr 06 2022
Finance Ministry approves RM150 mln unit trust investment  - Witness

Finance Ministry approves RM150 mln unit trust investment - Witness

The Sessions Court was today told that the Finance Ministry agreed to approve the RM150 million investment by Felcra in unit trust after three investment proposal papers were submitted by Bung Moktar.
Tue Mar 29 2022
CEO was not informed of Felcra proposal to invest RM50 mln over office cold war - Witness

CEO was not informed of Felcra proposal to invest RM50 mln over office cold war - Witness

The Sessions Court today was told that Felcra's proposal to invest RM50 million in Public Mutual Berhad unit trust was made without the knowledge of the CEO Datuk Ramlee Abu Bakar.
Mon Mar 28 2022
There was a conspiracy against Bung Moktar, Zizie Izette - Witness

There was a conspiracy against Bung Moktar, Zizie Izette - Witness

The Sessions Court hearing a corruption case involving Bung Moktar and his wife Zizie Izette with regard to Felcra's investment in unit trust was told that there was a conspiracy to charge the couple.
Fri Mar 18 2022
Zizie Izette eligible to receive RM2.8 mln as introduction fee - Witness

Zizie Izette eligible to receive RM2.8 mln as introduction fee - Witness

The Sessions Court today was told that Bung Moktar's wife, Zizie Izette was eligible to receive an introduction fee of RM2.8 million.
Thu Jan 27 2022
Witness said she met with Bung Moktar, wife to discuss unit trust investment

Witness said she met with Bung Moktar, wife to discuss unit trust investment

A unit trust consultant told the Sessions Court today that she had met with Bung Moktar Radin and his wife Zizie Izette Abdul Samad concerning investment in Public Mutual Berhad's unit trust.
Wed Jan 26 2022
Bung Moktar did not ask for RM3.5 mln commission for Felcra's investment - Witness

Bung Moktar did not ask for RM3.5 mln commission for Felcra's investment - Witness

The Session's Court was told that Bung Moktar did not ask for RM3.5 million commission from the investment agent to approve the RM150 million investment in Public Mutual unit trust.
Fri Jan 14 2022
Zizie Izette received RM2.2 mln for introducing investment agents to Bung Moktar - Witness

Zizie Izette received RM2.2 mln for introducing investment agents to Bung Moktar - Witness

The Sessions Court here today was told that Bung Moktar's wife Zizie Izette had received RM2.2 million in cash for introducing Public Mutual Berhad investment agents to her husband.
Fri Nov 26 2021
EPF members can now purchase up to 8 unit trust funds via i-Invest

EPF members can now purchase up to 8 unit trust funds via i-Invest

EPF said previously, members could only purchase multiple unit trust funds from one FMI in a single transaction.
Mon Oct 25 2021
'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