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A unit trust is a form of collective investment constituted under a trust deed. A unit trust pools investors' money into a single fund, which is managed by a fund manager. Unit trusts offer access to a wide range of investments, and depending on the trust, it may invest in securities such as shares, bonds, gilts, and also properties, mortgage and cash equivalents
AmBank, its key brand, covers its retail and wholesale banking businesses and is supported by a network of 175 branches and 766 ATM machines in Malaysia (as stated on its website). AmBank Group was founded in 1975 as Persian - Malaysian Development Bank by Hussain Najadi, the Founder. Tan Sri Azman Hashim, the current group chairman, has an ...
Permodalan Nasional Berhad ( PNB) is a Malaysian investment management company headquartered at the Merdeka 118 in Jalan Tun Razak, Kuala Lumpur. One of the largest fund management companies in Malaysia, it was established on 17 March 1978 as one of the instruments of the government's New Economic Policy. [2] [3]
Unit investment trust. In U.S. financial law, a unit investment trust ( UIT) is an investment product offering a fixed (unmanaged) portfolio of securities having a definite life. Unlike open-end and closed-end investment companies, a UIT has no board of directors. [1] A UIT is registered with the Securities and Exchange Commission under the ...
Established in 1921 as the Department of Public Trustee and Official Administrator, the company was corporatized in 1995. As of 2023, it is a trustee company, wholly owned by the Government of Malaysia, under the purview of the Ministry of Finance (Malaysia).
KLCC Property Holdings Berhad ( KLCCP; MYX: 5235SS) is a Malaysian property investment company which owns and manages office, retail and hotel properties in Kuala Lumpur, mainly in the Kuala Lumpur City Centre (KLCC) area. Among the properties owned or managed by the company and its stapled real estate investment trust are the Petronas Twin ...
List of foreign banks (commercial) List of Licensed Banking Institutions in Malaysia (commercial) in alphabetical order. American Express Bank (Malaysia) Berhad. BNP Paribas Malaysia Berhad. Bangkok Bank Berhad. Bank of America Malaysia Berhad. Bank of China (Malaysia) Berhad. Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad.
Hong Leong Capital Berhad (MYX: 5274) is an investment holding company listed on the Bursa Malaysia whereby its subsidiaries are involved in stock and share broking, acting as agent and nominee for clients, corporate advisory services, fund management, unit trusts, share financing, futures and options broking.