Hong Leong Bank Issues MYR1 Billion Tier 2 Subordinated Bonds
Hong Leong Bank (KLSE:HLBANK) issued 1 billion ringgit in nominal value of Tier 2 subordinated bonds, under its multi-currency Tier 2 subordinated bonds program. The debt securities carry an annual co
MY Morning Wrap | UEM Sunrise to Sell Land in Johor for RM144.9 Million for Data Centre Development
Stocks to watch: S P Setia, UEM Sunrise.
Mixed Views on Banking Sector's Outlook Despite Steady Loan Growth in 1Q, Public Bank the Top Pick
Investment analysts are mixed on the banking sector's outlook despite the bank's loan growth remaining resilient at 6% during the three months ended March 2024. MIDF Research, which initially expected a "tough" situation for the banking sector in 2024, has now upgraded the sector to positive, and expressed optimism on guidance in the latest results.
MY Morning Wrap | Malaysia Airports Q1 Net Profit Rises More Than Threefold on Higher Passenger Volumes
Stocks to watch: Airport, Mah Sing and Axiata.
Hong Leong Bank's Profit Rises in Fiscal Q3
Hong Leong Bank (KLSE:HLBANK) said its profit attributable to owners rose to 1 billion ringgit in the fiscal third quarter ended March 31, from 930 million ringgit a year earlier. Basic and diluted ea
Hong Leong Bank's 3Q Net Profit Rises 12% on Higher Interest Income, Writeback
Hong Leong Bank Bhd (KL:HLBANK), the banking arm of tycoon Tan Sri Quek Leng Chan, said on Thursday its net profit rose 12% year-on-year (y-o-y) in the third quarter, thanks to higher interest income and provision writeback.
Hong Leong Bank Fully Subscribes to RM350M ASEAN Green Bond
Hong Leong Bank Fully Subscribes to RM350 Million ASEAN Green Bond Launched by Exio Logistics and Hong Leong Investment Bank The green bond is the first in Malaysia designed to finance green wareho
Investing in Hong Leong Bank Berhad (KLSE:HLBANK) Three Years Ago Would Have Delivered You a 21% Gain
Malaysia Closing Bell on 26 Apr | CDB Was the Top Gainer of FBM KLCI
CDB was the top gainer, rising 1.95 percent to close at RM 4.180. The top loser was PMETAL, losing 1.47 percent to end at RM 5.350.
Malaysia Closing Bell on 24 Apr | AXIATA Was the Top Gainer of FBM KLCI
AXIATA was the top gainer, rising 5.00 percent to close at RM 2.730. The top loser was SIME, losing 0.70 percent to end at RM 2.820.
Hong Leong Bank Inspires Malaysians to Embrace Good Habits in Raya Campaign
Hong Leong Bank Inspires Malaysians to Embrace Good Habits in Raya Campaign Kuala Lumpur, 18 April 2024 – When it comes to celebrating Hari Raya, the festive season usually brings to mind scen
Banking Sector Faces Caution Amid Absence of Catalysts
HONG Leong Investment Bank Bhd (HLIB Research) is adopting a cautious perspective when analysing the local banking sector, as no immediate catalysts are foreseen to drive significant growth.
Malaysia Closing Bell on 12 Apr | HLBANK Was the Top Gainer of FBM KLCI
HLBANK was the top gainer, rising 0.62 percent to close at RM 19.460. The top loser was AXIATA, losing 1.91 percent to end at RM 2.570.
Sarawak Cable Sued by Two Creditor Banks Claiming RM95.5m
Sarawak Cable Bhd (SCB) said the group and its wholly-owned subsidiary Universal Cable (Sarawak) Sdn Bhd have been sued by two banks over a total owed sum of RM95.53 million.
Malaysia Closing Bell on 22 Mar| CDB Was the Top Gainer of FBM KLCI
CDB was the top gainer, rising 1.38 percent to close at RM 4.400. The top loser was SIMEPLT, losing 1.59 percent to end at RM 4.330.
Malaysian Banking Stocks Inch up Post Ex-dividend Dates on Expectations of Continued Payouts
A number of local banking counters continue to attract investor interest past their recent ex-dividend dates as investors remain optimistic of continued strong dividend payouts on the back of robust earnings resilience.
Hong Leong Bank Q4 Profit up 4.4%, Overcomes Net Interest Income Dip
Hong Leong Bank Bhd (HLB) reported a 4.4% increase in net profit for the second quarter ending Dec 31, 2023 (Q223), attributed to higher contributions from associate companies and write-backs from provisions.
Hong Leong Bank's Profit Rises in Fiscal Q2
Hong Leong Bank (KLSE:HLBANK) said its profit attributable to owners rose to 1.09 billion ringgit in the fiscal second quarter ended Dec. 31, 2023, from 1.04 billion ringgit a year earlier. Basic and
MY Morning Wrap | Public Bank Bhd Reports 5.73% YoY Decline in 4QFY2023 Net Profit Due to High Provision for Loan Impairment and Operating Expenses
Stocks to watch: Maybank, Public Bank, Hong Leong Bank, Capital A.
HLB's 2Q Profit up 4.4%, Declares 25 Sen Dividend as Associate Contributions, Write-backs Offset Lower Net Interest Income
KUALA LUMPUR (Feb 28): Hong Leong Bank Bhd (HLB) reported a 4.4% growth in net profit for the second quarter ended Dec 31, 2023 (2QFY2024), as higher contributions from associate companies and write-backs from past provisions offset a decline in net interest income.
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