Most of the underlying stocks of the Chinese call warrants listed on Bursa Malaysia are shares of huge corporations in China with market leadership in their respective countries.

Royal & Sun Alliance deemed a good fit for AXA

Royal & Sun Alliance Insurance Malaysia may be the next company theAXA group is acquiring a stake in because it is perceived as a good fitby industry observers. With the ongoing merger and acquisitions (M&As) taking place in theinsurance industry, it may not come as a surprise if the second largest European insurer decides to proceed with its plans.

Manulife on track to hit S&P profit forecast

Manulife Insurance (Malaysia) Bhd is on track to achieve the net profit forecast of RM80.6 million by Standard & Poor’s Equity Research (S&P) as the company is expecting new business premium to grow by more than 30% this year, its chief executive officer Peter Robertson said. He said the company’s new premium had already increased by 70% in the first half of the year ending Dec 31, 2007 due to improvement in the productivity of its agents, and the success of its bancassurance tie-up, especially with HSBC Bank Malaysia Bhd.

Malaysia may allow full foreign ownership of Islamic insurance firms

Malaysia may allow foreign players to set up wholly owned Islamic insurance companies or takaful in a bid to cement its position as the region’s leading Islamic financial hub, Deputy Finance Minister Awang Adek Hussin said Friday.

Malaysian Shuffle: Foreign money in, local money out

Malaysia is celebrating a big rebound in foreign direct investment into the country, but the real news is that local capital is leaving just as fast.Local businesses, including many oil companies flush with cash, are investing offshore like never before — a trend that showed up in startling U.N. investment figures issued last week.

Malaysian govt to maintain growth target despite possible US downturn

The Malaysia government remains confident of achieving its growth forecast of 6 percent in 2007 and 6-6.5 percent in 2008 despite a possible economic downturn in the US, state news agency Bernama yesterday reported Malaysia’s second finance minister Nor Mohamed Yakcop as saying in Washington.

RHB Capital seeking to create Malaysia’s 2nd-largest banking group

RHB Capital Bhd is seeking to merge with AmBank Group to create Malaysia’s second-largest banking group, with assets of more than 181 billion ringgit.

SunCity plans to launch Malaysia’s largest REIT next year

Property developer Sunway City Bhd (SunCity) plans to float next year Malaysia’s largest real estate investment trust (REIT), worth 3 billion ringgit, the New Straits Times reported Monday.