MREM Press Releases
AM Best Affirms Credit Ratings of Momentum Life Limited
SINGAPORE, March 4 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Momentum Life Limited (Momentum Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. As a start-up insurer, having commenced risk-bearing operations for the
PanTheryx Presents Positive Results from Two New DiaResQ Studies at its 2019 International Scientific Symposium
BANGKOK, March 4 (Bernama-BUSINESS WIRE) — PanTheryx, a biotechnology company committed to realizing the potential of novel interventions to address a wide range of serious GI microbiome related health conditions, announced today the results of two new studies of its flagship product DiaResQ® at its first annual scientific symposium for clinicians. The symposium
AM Best Downgrades Credit Ratings of Royal Insurance Corporation of Bhutan Limited; Places Credit Ratings Under Review With Negative Implications
SINGAPORE, March 4 (Bernama-BUSINESS WIRE) — AM Best has downgraded the Financial Strength Rating to B- (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb-” from “bbb-” of Royal Insurance Corporation of Bhutan Limited (RICB) (Bhutan). Additionally, AM Best has placed these Credit Ratings (ratings) under review with negative
AM Best Affirms Credit Ratings of BNZ Life Insurance Limited
SINGAPORE, March 4 (Bernama-BUSINESS WIRE ) — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of BNZ Life Insurance Limited (BNZ Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect BNZ Life’s balance sheet strength,
PUC Berhad’s Q4 2018 Financial Results Show Continuing Growth Through Strategic Acquisitions, Stronger Core Businesses
KUALA LUMPUR, March 1 (Bernama) — ACE Market-listed company, PUC Berhad (“PUC”) on 28 February 2019 announced its financial results for the fourth quarter of 2018 (“Q4FY2018”) recording revenue of RM12.3 million for the period; and revenue of RM52.5 million for the full financial year ended December 31, 2018 (“FY2018”). This
Yayasan PETRONAS To Deliver More Impact, Focus To CSR Efforts
KUALA LUMPUR, March 1 (Bernama) — PETRONAS today launched Yayasan PETRONAS, its Corporate Social Responsibility (CSR) arm, to deliver broader and deeper impact of its CSR activities across communities in Malaysia. The launch of Yayasan PETRONAS today was officiated by Malaysia’s Deputy Prime Minister YAB Dato’ Seri Dr Wan Azizah Wan
Malindo Air Connects Twin Tourism Cities
PETALING JAYA, March 1 (Bernama) — Malindo Air has commenced its inaugural flight between Langkawi and Malacca today. Flight OD1350 arrived at Langkawi International Airport at 3:45p.m. with a full load of 72 passengers onboard, received a warm welcome given water cannon salute, followed by flower gallon and goodie bags giveaway
Direct flight links Haikou, Osaka
HAIKOU, China, March 1 (Bernama) — A direct air route was launched on Thursday morning between Haikou, capital of south China’s Hainan Province, and Osaka, Japan’s second-largest city. It is this year’s first international air flight from Haikou launched by Hainan Airlines, which has so far opened a number of international routes linking Haikou
Diversified Portfolio Boosts Hektar 2018 REIT Performance
KUALA LUMPUR, March 1 (Bernama) — Hektar Real Estate Investment Trust (“Hektar REIT”) announced its annual results for Financial Year 2018 (“FY18”) with revenue rising to RM135.1 million, up 7.6% higher compared to the same period in the preceding year, while Net Property Income (NPI) climbed to RM78.7 million, a 6.8%
Ministry Of Tourism, Arts And Culture Organises Visit Malaysia 2020 Campaign Logo Competition
PUTRAJAYA, March 1 (Bernama) — In conjunction with Visit Malaysia 2020 (VM2020) campaign, the Ministry of Tourism, Arts and Culture is organizing a campaign logo competition. The 14-day competition from 11 to 24 March 2019 is open to all Malaysians aged 18 years and above. The winner of the competition will