Second big REIT to launch shortly

YTL Corp Bhd, which is buying into a Macquarie-led real estate investment trust (REIT) listed in Singapore, intends to launch a second REIT in Malaysia. The assets are estimated to be worth more than RM1 billion when the market improves. The second launch is still in the infancy stage and will be part of a…

Continue Reading →

People to benefit from value-added services soon!

Value-added services in the form of jobs or business loans soon await people who seek advice and counselling from Credit Counseling and Debt Management Agency (AKPK). However, do remember that AKPK is in no way trying to branch out into a recruitment agency or a financial institution. Through collaboration with recruitment agencies, AKPK will establish…

Continue Reading →

RM2 million debt ‘collected’ by subsidiary of Bank Negara Malaysia

A debt worth RM2 million was ‘collected’ from 23 individuals by the Credit Counselling and Debt Management Agency (AKPK), a wholly-owned subsidiary of Bank Negara Malaysia. These 23 individuals are part of the total of 14,000 individuals who had sought AKPK‘s assistance to restructure their debt to financial institutions which amount to about RM900 million.…

Continue Reading →

Investors go gaga over the ASNB fixed-priced unit trust funds!

  The winner is clear. AMANAH Saham Nasional Bhd’s (ASNB) fixed-priced unit trust funds which was launched a few years ago have proven their worth. With impressive returns, they emerge as one of the most favoured fixed-price unit trust funds. The impressive returns the funds have yielded are evident in the performance of the equity-based…

Continue Reading →