Danajamin Nasional Bhd, the country’s first Financial Guarantee Insurer, issued its inaugural Tier-2 Subordinated Sukuk as part of its Capital Management Plan.
The Subordinated Sukuk issuance of RM500 million is part of a Sukuk Programme of up to RM2.0 Billion for the Issuance of Senior and Subordinated Sukuk Murabahah.
Affin Hwang Asset Management Bhd has declared a total of RM50.88 million distributions for 10 funds. These funds span across 5 different multi-currency class funds, providing investors with options to invest in their preferred currency. The income distributions were distributed across the Company’s retail and wholesale funds.
PERTH/KUALA LUMPUR, 21 September 2017 – Holista CollTech Ltd (ASX: HCT, “Holista” or the “Group”) announced today that it will acquire a 47%-stake in iGalen International Inc (“iGalen”) a fast-growing network marketing company from Holista’s CEO and single-largest shareholder, Dr Rajen Manicka, for the nominal sum of US$1.
Holista has been a supplier of patented supplement products to iGalen, including the product Emulin®, which is already selling in North America since Emulin® was awarded FDA approval in the US.