LGE v Nomura: What’s The Fuss?
The Morning Run Crew
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The Morning Run crew gives you their take on today's business headlines:
0:09 - Following from Nomura’s downgrade of Malaysian stocks yesterday, Finance Minister Lim Guan Eng has come out to dismiss their report - saying that the government is confident in achieving their targets for 2018 and 2019. We take a look into these numbers.
04:05 - Great Eastern has pledged a minimum RM 2 billion contribution to a health scheme for the B40 group and is subsequently exempted from BNM’s ruling on 30% local ownership of insurance companies in Malaysia. We look into the background of this ruling and also the scheme in question.
05:43 - MIDF and Al-Rajhi are beginning their potential merger discussions after Bank Negara gave their go-ahead to MIDF & shareholder Permodalan Nasional Bhd (PNB).
Presented by: Julian Ng, Khoo Hsu Chuang
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Categories: Business Analysis
Tags: Nomura, Lim Guan Eng, Malaysian stocks, MIDF, Al-Rajhi, Great Eastern Life, B40, health fund, BNM, Bank Negara,