|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.6300 - 0.6300|
|52 Week Range||0.6300 - 0.6300|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Malaysia's central bank on Thursday said foreign insurers' plans to divest stakes to comply with a local rule on ownership are at advanced stages. Bank Negara Malaysia issued a directive last year saying it would enforce its 2009 rule setting a 70 percent cap on foreign ownership of local insurance businesses. In an emailed statement to Reuters, Bank Negara said Nor Shamsiah Mohd Yunus, set to take over as governor on July 1, will be briefed on the plans.
Malaysia named its new central bank governor on Friday, choosing a woman who had been a former deputy governor assisting investigations into the 1MDB scandal, and who has most recently held a senior role at the International Monetary Fund. Muhammad was seen as a casualty of a fallout from the scandal at 1Malaysia Development Bhd (1MDB), the state fund whose multi-billion dollar losses are being investigated by the new government led by 92-year-old Mahathir Mohamad. The new government has replaced several other senior officials seen as close to Najib's administration.
(Please take note that this item will be discontinued from June 11) + ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS FRIDAY, JUNE 8 PUTRAJAYA- Prime Minister Mahathir Mohamad holds ...
KUALA LUMPUR, May 10 (Reuters) - Malaysia's central bank will hold its scheduled policy meeting as planned on Thursday, a spokeswoman for Bank Negara Malaysia confirmed after the government declared public ...