MARKETS

Eastspring Investments Berhad Declares Income Distribution For Eastspring Investments Target Income Fund 5

 |  Friday, 28 April 2017 11:20  |  Published in MARKETS

Kuala Lumpur, April 28 - Eastspring Investments Berhad has announced the gross income distribution for Eastspring Investments Target Income Fund 5 (“Fund”):

GFM Services Proposes Final Dividend Of 1.445 Sen Per Share

 |  Tuesday, 18 April 2017 11:23  |  Published in MARKETS

Kuala Lumpur, April 18 – Integrated facilities management service provider, GFM Services Berhad proposed a final dividend of 1.445 sen per ordinary share for the financial year ended 31 December 2016. 

The proposed dividend payout will amount to a total of RM6.2 million and is subject to shareholders’ approval. The proposed dividend payout represents 47% of the Group’s FY2016 Profit after Tax and Minority Interests (PATAMI) of RM13.0 million. 

SC Malaysia to Allow Regulated Short Selling of Corporate Bonds to Boost Bond Market Liquidity 

 |  Friday, 14 April 2017 11:38  |  Published in MARKETS

Kuala Lumpur, April 14 - Securities Commission Malaysia (SC) yesterday brought into effect a new guideline to allow the regulated short selling of corporate bonds in the Malaysian capital market.  

With the new Guidelines on Regulated Short Selling of Corporate Bonds (Guidelines), Principal Dealers are now permitted to conduct regulated short selling of corporate bonds, expanding the range of bonds that can be short sold. 

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