AEON Bank (M) Berhad recently announced its public launch on 26 May 2024, making its mark as Malaysia’s first Islamic digital bank. The public launch ceremony took place at AEON Hall, AEON Mall Shah Alam, in the presence of Guest of Honour YBhg. Datuk Johan Mahmood Merican, Secretary General of Treasury, Ministry of Finance; YM Raja Teh Maimunah, CEO of AEON Bank (M) Berhad; Mr. Naoya Okada, Managing Director of AEON Co. (M) Berhad; Mr. Shunsuke Shirakawa, Chairman of AEON Financial Service Co., Ltd., Japan; Mr. Mitsugu Tamai, Director and Managing Executive Officer of AEON Financial Service Co., Ltd., Japan; Mr. Daisuke Maeda, Managing Director, AEON Credit Service (M) Berhad; Mr. Tomokatsu Yoshitoshi, Chairman and Independent Non-Executive Director of AEON Bank (M) Berhad; as well as members of the Board of Directors and dignitaries from financial and banking institutions, regulatory bodies, core business partners, and key stakeholders.

KUALA LUMPUR, MONDAY MAY 31, 2023 – Radium Development Berhad (“Radium” or  “Company”), a leading Kuala Lumpur-centric property developer is pleased to announce the  audited results of Radium and its subsidiaries (“Radium Group”) for FYE2022 and unaudited  results for Q1 FYE2023 ahead of its listing on the Main Market of Bursa Malaysia Securities  Berhad on Wednesday, May 31, 2023. 

In FYE2022, Radium Group achieved a profit before tax (“PBT”) of RM147.26 million and a  profit after tax (“PAT”) of RM101.44 million, underscoring the Company’s exceptional financial  performance. While the revenue for FYE2022 decreased to RM336.41 million compared to  RM563.69 million in FYE2021, this was mainly due to the completion of Radium’s projects in  FYE2021 such as the Residensi Semarak Platinum project which was completed in October  2021. Furthermore, higher revenue recognition from the Residensi Platinum OUG project and  Residensi PV9 project in FYE2021 contributed to the variance. Nonetheless, Radium Group’s  PBT and PAT remained robust, showcasing the Company's consistent ability to generate  profits. 

Kuala Lumpur, 1 March 2023

Maxis closed the financial year ended 31 December 2022 with growth across its consumer and enterprise businesses, staying on track with its convergence strategy. In comparison to FY2021, the Company posted higher service revenue with a stable EBITDA and Operating Free Cash Flow. Profit After Tax eased due to the Prosperity Tax in 2022. Maxis declared an interim dividend of 5 sen net per share for the quarter, bringing the full year dividend to 20 sen per share. 

Maxis recorded higher revenue in both mobile and home fibre connectivity. For home fibre, the Company achieved a commendable double-digit growth in revenue and homes connected for 14 consecutive quarters, making Maxis the second largest fibre retailer and strong challenger in the market. Including its own fibre build, the Company now has access to serve approximately 7 million premises.