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KUALA LUMPUR, Jan 13 (Reuters) - Shares of CIMB Group Holdings Bhd were up 8.9 percent on Tuesday after local media reported that plans to merge the bank with two smaller lenders had been called off.
Three Malaysian banks, including CIMB Group Holdings Bhd., said Thursday that they are in merger talks, which, if successful, would create the country's biggest lender and one of the largest in ...
Tan sees the move as a way for CIMB to pursue its regional ambitions and agrees that there could be some consolidation off the back of the deal in the Malaysian market. “The merger would create the ...
KUALA LUMPUR — CIMB Group Holdings, RHB Capita l and Malaysia Building Society Berhad (MBSB) have agreed to a three-way merger to create a mega-entity valued at RM72.5 billion (S$28.4 billion ...
A decision by Malaysia's bourse to bar a key shareholder in CIMB Group Holdings Bhd <CIMB.KL> and two other lenders from voting on their planned merger has given minority investors more clout and ...
Malaysia's CIMB Group Holdings Bhd said on Tuesday that talks on a proposed three-way bank merger were continuing and the board will meet on Wednesday to discuss the deal.
KUALA LUMPUR -- Malaysian state-controlled lender CIMB Bhd. said Saturday it will soon begin merger talks with the board of smaller rival Southern Bank Bhd. The breakthrough follows an agreement ...
KUALA LUMPUR: CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.
CIMB Bank, a Malaysian financial services provider, has partnered with ACI Worldwide to modernise its payments platform. The collaboration will consolidate all account-to-account transactions onto ...
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