Public Bank partners Alipay to offer mobile wallet services

15 Aug 2017 - The Star Online
KUALA LUMPUR: Public Bank now offers online and mobile payment Alipay Mobile Wallet services, following its collaboration with Ant Financial Services Group. With the expanding business alliance between China and Malaysia, Public Bank believes that offering the seamless Alipay service to its existing ...
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Public Bank Bhd chairman Tan Sri Teh Hong Piow to retire

1 Aug 2017 - The Star Online
PETALING JAYA: Public Bank Bhd chairman Tan Sri Teh Hong Piow will leave his post on Jan 1, 2019 but will remain as the bank’s adviser. “The details relating to the appointment of the new chairman of Public Bank will be announced at an appropriate time,” the bank said in a statement. Teh will assume ...
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Trading ideas: Mudajaya, Palette, Berjaya Corp, MPay, WMG

1 Aug 2017 - The Star Online
KUALA LUMPUR: JF Apex Research expects Mudajaya, Palette, Berjaya Corp, MPay, WMG and Texchem Resources to be among the stocks which could also see trading interest on Tuesday after their corporate news. Also attracting investor interest are Lotte Chemical Titan which fell sharply in active trade after ...
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Teh Hong Piow to retire as Public Bank chairman in 2019

31 Jul 2017 - The Star Online
KUALA LUMPUR: Veteran banker Tan Sri Teh Hong Piow, who has helmed the Public Bank Bhd group over the past 51 years, is retiring as the non-executive chairman with effect from Jan 1, 2019. The banking group said on Monday this was the wish of Teh, who founded the bank on Dec 30, 1965, to relinquish his ...
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Growth in core retail ops to sustain Public Bank's profitability

28 Jul 2017 - The Star Online
KUALA LUMPUR: Public Bank Group aims to sustain continued profitability through its organic growth strategy in the core retail business for the financial year 2017. Public Bank Bhd founder and chairman Tan Sri Dr Teh Hong Piow said this was also premised on the group's strong fundamentals and market ...
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Public Bank remains a Hold at CIMB Research on rich valuations

26 Jul 2017 - The Star Online
KUALA LUMPUR: CIMB Equities Research is retaining its Hold call for Public Bank due to its pricey valuations. “We retain our FY17-19F EPS forecasts and dividend discount model-based target price of RM19.50,” it said on Wednesday. Although Public Bank’s1H17 net profit accounted for only 45.7% of ...
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Stronger Q2 earnings for Public Bank, declares RM1b dividend payout

25 Jul 2017 - The Star Online
KUALA LUMPUR: Public Bank Bhd, which saw its net profit rise 6% to RM1.33bil in the second quarter ended June 30, has declared an interim dividend of 27 sen amounting to a payout of RM1.04bil. The bank’s revenue in the second quarter rose 3.75% to RM5.17bil against RM4.98bil a year ago. Its earnings ...
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Public Bank to fully redeem RM3b notes earlier on Aug 3

14 Jul 2017 - The Star Online
KUALA LUMPUR: Public Bank Bhd will redeem its RM3bil subordinated notes which were issued in 2011 and callable on Aug 3, ahead of their maturity date in 2022. The banking group said on Friday the notice of early redemption had been given to the noteholders that it would fully redeem the RM3bil 4.28% ...
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Public Mutual launches Public e-Flexi Allocation Fund

14 Jul 2017 - The Star Online
KUALA LUMPUR: Public Mutual has launched a new fund, Public e-Flexi Allocation Fund (PeFAF) which will invest nearly all of its net asset value (NAV) in equities of which one-third will in foreign markets. Public Mututal, which is a unit of Public Bank said 98% of PeFAF's NAV would be in equities. “However, ...
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Hong Leong Bank, Public Bank underpin KLCI’s early advance

16 Jun 2017 - The Star Online
KUALA LUMPUR: Blue chips bounced back from the previous day’s late selling to advance early Friday, with fund buying seen in Hong Leong Bank, Public Bank and also Petronas Dagangan. At 10am, the KLCI was up 4.85 points or 0.27% higher at 1,794.86mil. Turnover was 465.65 million shares valued at RM226.73mil. ...
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