Day: October 14, 2024

KUALA LUMPUR, PMB Investment Bhd today announced a total gross distribution of RM2.88 million for PMB Dana Bestari for the financial year ended Sept 30, 2024, with unitholders receiving an income distribution of 2.93 sen per unit. Chairman Datuk Mohd Idzwan Izuddin Ab Rahman said PMB Dana Bestari has been delivering steady returns and capital growth since its launch in 2002, investing in Shariah-compliant equities and fixed-income securities. ‘The fund typically invests 70 per cent to 99.5 per cent of its net asset value (NAV) in Shariah-compliant equities, with the rest in the Islamic money market instruments, deposits, and sukuk,’

KUALA LUMPUR, Information Services Group (ISG), a global technology research and advisory firm, in its new research report revealed that enterprises in Asia Pacific (APAC) are quickly adopting new application development and maintenance (ADM) technologies as they carry out digital transformations. The 2024 ISG Provider Lens Next-gen ADM Services report for APAC finds that the region’s ADM market is expanding rapidly, mostly driven by organisations upgrading legacy systems, migrating to the cloud, and integrating advanced technologies such as artificial intelligence (AI) and machine learning (ML). The global market for ADM and infrastructure services grew 57 per cent in the second

KOTA KINABALU, The Malaysian Anti-Corruption Commission (MACC) discovered two safe houses and confiscated RM321,000 in foreign and local currency in its investigation of a case involving Menteri Besar Selangor Incorporated (MBI). MACC Chief Commissioner Tan Sri Azam Baki said four individuals were detained last Thursday (Oct 10) to assist in the investigation. One of them, who is related to the company’s director, is on remand until tomorrow (Oct 15), he said, adding two others were released on MACC bail yesterday, while another was only held on remand for a day. He said the MACC had recorded statements from 15 witnesses

KUALA LUMPUR, Kuala Lumpur Eco Film Festival 2024 (KLEFF) has kicked off their festival via their media launch at IGEM 2024, Innovation Stage 2, KLCC. KLEFF 2024 is set to return for its 16th edition from 24th to 27th October 2024, at the newly revitalized Semua House in the heart and historic textile district of Kuala Lumpur. With its modernized facilities and vibrant atmosphere, Semua House provides the perfect backdrop for the festival. Source: BERNAMA News Agency

KUALA LUMPUR, Property developer Avaland Bhd aims to set a new benchmark with the Avenue25 project in Subang Jaya, with all phases targeted to achieve GreenRE Gold certification. A statement today said the development of the mixed-use project showcases the company’s commitment to fostering a self-sustainable community that prioritises ecological integrity, social connections, and economic vitality for residents and surrounding communities. ‘Avenue25 spans an expansive 13-acre site, complemented by a nearby 6-acre green space, embodying the concept of a forest-inspired vertical green village. “With sustainability at its core, Avaland aims to set a new benchmark in Subang Jaya, with all