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Dec 21, 2012 · ING announced today that it has reached an agreement to sell its 70%-stake in ING Funds Berhad (IFB), ING’s investment management business in Malaysia, to Kenanga Investors Berhad (Kenanga Investors), a wholly owned subsidiary of K & N Kenanga Holdings Berhad (Kenanga).
Malaysia. The entire business of ING Funds Berhad (IFB), including all of its assets and liabilities, has been successfully transferred to Kenanga Investors Berhad (Kenanga Investors).
Apr 19, 2013 · ING announced today that it has completed the sale of its 70%-stake in ING Funds Berhad, ING’s investment management business in Malaysia, to Kenanga Investors Berhad, a wholly owned subsidiary of K & N Kenanga Holdings Berhad.
KUALA LUMPUR: ING Funds Bhd expects the FBM Kuala Lumpur Composite Index (FBM KLCI) to hit 1,650 by this year-end, mainly underpinned by strong economic growth and mega projects under the Economic Transformation Programme (ETP).
May 15, 2007 · According to ING Funds Malaysia, all 30 of the sharia-compliant portfolio have a market capitalisation of over $2 billion and will be selected from the Dow Jones Islamic Market World Index, which has a universe of over 2,000 stocks.
KUALA LUMPUR: Two banks, Public Bank Bhd and AmBank (M) Bhd, and investment manager ING Funds Bhd have launched a structured income product that aims to provide a minimum regular income of 3.3% per annum with an enhanced upside potential of up to 7.3% per annum.
ING has reached an agreement with AIA Group Ltd on the sale of ING’s insurance operations in Malaysia, which include its life insurance business, its market-leading employee benefits business and its 60% stake in ING Public Takaful Ehsan Berhad.
