AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

MIDF close to tie-up with GCC-based firm.

Business Times (Malaysia)

| October 09, 2008 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

Byline: Roziana Hamsawi

MALAYSIAN Industrial Development Finance Bhd (MIDF) says it is close to signing a strategic partnership deal with a company based in the Gulf Cooperation Council (GCC) states, which will allow MIDF to further grow its asset management business.

Group managing director Mohd Najib Abdullah said MIDF received approval from Bank Negara Malaysia in August and expects to seal the alliance by the year-end.

The alliance will provide a broader spectrum for the group's asset management activities and is timely in the light of current stock market conditions.

"The idea behind this joint venture is to go for long-term …

Related articles from newspapers, magazines, journals, and more
Najib has to revive confidence.
Magazine article from: Malaysian Business October 1, 2008 700+ words
All things Shariah.
Magazine article from: Malaysian Business December 1, 2010 700+ words
Jetson trading halted.
Magazine article from: Business Times (Malaysia) July 15, 2010 700+ words
Pulling Malaysian equity back.
Magazine article from: Malaysian Business August 1, 2009 700+ words
Poverty eradication a must for new model.
Magazine article from: Malaysian Business April 1, 2010 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily