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
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
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
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
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
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 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
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
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
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
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
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
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
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 said previously, members could only purchase multiple unit trust funds from one FMI in a single transaction.
Mon Oct 25 2021
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024