Ikhlas Capital sitting on 'dry powder' of more than US$175 mil

22 May 2020 - The Edge Markets
SINGAPORE (May 22): Just over a year from its first close and in the thick of a pandemic, did regional PE firm Ikhlas Capital Singapore start at the best or worst of times? Nazir Razak, its chairman and founding partner, believes it has been “lucky”. Have a premium account? Sign in to continue reading. ...
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CIMB Q1 earnings at RM1.19bil

29 May 2019 - The Star Online
KUALA LUMPUR: CIMB Group Holdings Bhd saw its net profit slipped 8.7% to RM1.19bil for the first quarter ended March 31 (1Q19), as compared with RM1.3bil in the same quarter last year in the absence of one-off disposal gain last year. The bank group reported a pre-tax profit (PBT) of RM1.6bil during ...
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CIMB launches future of work centre, targets 15% to have digital skills by 2023

28 Apr 2019 - The Star Online
KUALA LUMPUR: CIMB Group Holdings Bhd launched its Future of Work Centre (FOWC) to prepare its employees for a highly digitalised environment as it targets to have at least 15% of them equipped with digital skills by 2023. FOWC will equip CIMB’s workforce with essential skills and opportunities to apply ...
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CIMB partners CGC to provide RM2bil to forward SMEs growth

26 Apr 2019 - The Star Online
KUALA LUMPUR: CIMB Group , through its entities CIMB Bank Bhd and CIMB Islamic Bank Bhd, have entered into a strategic partnership with Credit Guarantee Corporation Malaysia Bhd (CGC) to provide small and medium enterprises (SMEs) access to RM2 billion in financing through CGC’s Portfolio Guarantee-i ...
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PublicInvest sees long-term prospects for CIMB Niaga

26 Apr 2019 - The Star Online
KUALA LUMPUR: PublicInvest research is optimistic of longer-term prospects for CIMB Group Holdings Bhd 's Jakarta arm, and maintained its outperform call on the group with an unchanged target price of RM6.50. The research house said in a morning note that CIMB Niaga has seen relatively subdued income ...
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MIDF maintains Buy on CIMB, TP at RM7.55

19 Apr 2019 - The Star Online
KUALA LUMPUR: CIMB Thai could begin to show meaningful contribution to CIMB Group 's earnings following a strong earnings performance in the first quarter, says MIDF research. In its recent earnings announcement, CIMB Thai showed strong growth in earnings led by NII expansion and a drop in provisions. ...
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CIMB sees stronger results this year

1 Mar 2019 - The Star Online
KUALA LUMPUR: CIMB Group Holdings Bhd, which saw net profit hit an all-time-high of RM5.58bil for financial year of 2018 (FY18), expects to record stronger results in FY19 as the bank embarks on a new strategic growth plan for the next five years. While it remains cautious on the overall market outlook ...
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CIMB FY18 net profit rises 24.7% to RM5.58b

28 Feb 2019 - The Star Online
KUALA LUMPUR: CIMB Group Holdings Bhd posted net earnings of RM5.58bil in the financial year ended Dec 31, 2018, a 24.77% increase over the previous year, aided by lower provisions and costs. The group benefited from a RM928mil gain from the Q2FY18 sale of 20% of CIMB-Principal Asset Management (CPAM) ...
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CIMB promotes Jefferi as CEO of CIMB Investment

21 Feb 2019 - The Star Online
KUALA LUMPUR: CIMB Group has promoted Jefferi M.Hashim as the chief executive officer of CIMB Investment Bank Bhd with effect from March 1. He will succeed Datuk Kong Sooi Lin, who is retiring in March.
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CIMB Thai makes Omar acting CEO

5 Feb 2019 - The Star Online
KUALA LUMPUR: CIMB Group Holdings Bhd has appointed Omar Siddiq Amir Noer Rashid as acting president and chief executive officer of its subsidiary, CIMB Thai Bank PCL, effective Jan 30. His appointment was made following the voluntary personal leave of the previous president and chief executive officer ...
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