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It was first introduced on 4 April 1986 as the Kuala Lumpur Composite Index (KLCI), with a base value of 100, dated on 1 January 1977. In 2006, Bursa Malaysia partnered with FTSE to provide a suite of indices for the Malaysian market, to enhance the KLCI. FTSE Bursa Malaysia KLCI was one of the indices created to replace the KLCI.
Valrhona is a French premium chocolate manufacturer based in the small town of Tain-l'Hermitage in Hermitage, a wine-growing district near Lyon. [1] It is now a subsidiary of Savencia Fromage & Dairy .
The NEP was created in 1971 with the aim of bringing Malays a 30% share of the economy of Malaysia and eradicating poverty amongst Malays, primarily through encouraging enterprise ownership by Bumiputeras. After 40 years of the program, bumiputra equity ownership rose to 23% worth RM167.7 billion in 2010 against 2.4% in 1970.
One of the most significant events in the history of the Malaysian economy was the Asian financial crisis, which caused Malaysia's GDP to shrink from US$100.8 billion in 1996 to US$72.2 billion in 1998. The Malaysian economy's GDP did not recover to 1996 levels until 2003. [17] The year 1997 saw drastic changes in Malaysia.
Khazanah is a company incorporated in Malaysia, and operates under the provisions of the Malaysian Companies Act. [12] [13] It is neither a government agency nor a statutory board, rather it is a national institution that served as a trustee that manages government-owned commercial assets and also investing in multiple high-tech and strategic sectors.
Year Event 1,830,000 BCE: Hand axes from early hominids, probably Homo erectus, have been unearthed in Lenggong, making them some of the oldest evidence of hominid habitation in Southeast Asia. [1] [2] 40,000 BCE The earliest evidence of modern human habitation in Malaysia is a skull excavated from the Niah Caves. [3] [4] [5] 11,000 BCE
Sunway Property is the property development arm. It was established in 1974 and became a multinational property development and construction corporation, with presence in over 50 locations worldwide. Their businesses operate in countries such as Malaysia, China, Singapore, Cambodia and Vietnam. Sunway Property is the master developer of Sunway ...
JCorp has had three significant stages of evolution over the past 50 years. JCorp 1.0 commenced in 1968 and was mandated to eradicate poverty and to organise society. The Group transitioned into JCorp 2.0 stage in 1995 to accelerate economic growth. With a net asset value of RM2.2 billion at the time, JCorp was Malaysia's largest SEDC.