DRB-Hicom To Buy 70 Pct Stake In Bank Muamalat For RM1.07 Bln
KUALA LUMPUR, Oct 11 (Bernama) -- DRB-Hicom Bhd is to purchase the entire 70 percent equity interest in Bank Muamalat Malaysia Bhd held by Bukhary Capital Sdn Bhd for RM1.07 billion, Bursa Malaysia was told today.
Etihad Eyes China As 2008 Major Destination
DUBAI, Oct 11 (Bernama) -- Etihad Airways has set its sights on China as its major new destination for 2008, with plans to launch commercial service to Beijing or Shanghai in the first quarter, English daily Gulf News reported.
MISIF Disputes MBAM's Claim Of Increase In Demand For Steel Bars
KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Iron and Steel Industry Federation (MISIF) today said that its integrated steel mill members who are producing steel bars have not experienced any increase in the demand since June.
ING Appoints New CEO
KUALA LUMPUR, Oct 11 (Bernama) -- ING Insurance Asia/Pacific (ING) has appointed Nirmala Menon as the chief executive officer and director of ING Insurance Bhd, succeeding Datuk Chris Davies who is leaving the group.