Malaysia's DRB eyes majority stake in Islamic lender (Reuters via Yahoo! Singapore News)


     

Malaysia's DRB eyes majority stake in Islamic lender (Reuters via Yahoo! Singapore News)

Requirements of an insurance contract Insurable interest The insured must derive a real financial gain from that which he is insuring, or stand to lose if it is destroyed or lost. The item must belong to the insured. One person may take out insurance on the life of another if the second party owes the first money.

Malaysia's DRB eyes majority stake in Islamic lender (Reuters via Yahoo! Singapore News)

KUALA LUMPUR, Oct 10 - Malaysian auto and financial group DRB-Hicom said on Wednesday it had central bank approval to open talks with Bukhary Capital to buy all of its 70 percent stake in Islamic lender Bank Muamalat.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Over 150 Leading Publishers Attended Online Affiliate Leader PartnerWeekly's Annual Publishers Conference Yesterday in ... (PR Newswire via Yahoo! Finance)

Las Vegas-based PartnerWeekly, a SellingSource.com company specializing in performance-based marketing, hosted its annual Publishers Conference Tuesday, October 2 at the Loews Lake Las Vegas Resort.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

UPPDATE 1-Malaysia's DRB gets c.bank nod for Primus talks (Reuters via Yahoo! Malaysia News)

KUALA LUMPUR, Sept 26 - Malaysia's central bank has given approval to Malaysia's DRB-Hicom Bhd to start talks for the sale of its 20.2 percent stake in EON Capital Bhd to Hong Kong-based investment firm Primus Pacific Partners, DRB-Hicom said on Wednesday.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Malaysia's DRB eyes majority stake in Islamic lender (Reuters via Yahoo! Singapore News)

Differences between shares and debentures Shareholders are effectively owners; debenture-holders are creditors. Shareholders may vote at AGMs and be elected as directors; debenture-holders may not vote at AGMs or be elected as directors. Shareholders receive profit in the form of dividends; debenture-holders receive a fixed rate of interest. If there is no profit, the shareholder does not receive a dividend; interest is paid to debenture-holders regardless of whether or not a profit has been made.



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