Mayban now owns 38% of ATR KimEng
MAYBAN IB Holding Sdn. Bhd. (Mayban), a subsidiary of Malaysias Malayan Banking Berhad, will exercise a 38% indirect interest in financial services conglomerate ATR KimEng Financial Corp. starting June 17.
Source: BusinessWorld Online
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Ex-Bukit Merah owner takes RM1b Lynas stake
By Shannon Teoh, The Malaysian Insider KUALA LUMPUR, July 5 — Japan’s Mitsubishi UFJ Financial Group, part of the same group of companies which owned the Asian Rare Earth (ARE) plant in Bukit Merah,...
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Smart biz: When a profit becomes a loss: tricks to ensuring financial security when selling your own
Michael J. CrainPresident Smart Business Evolution
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Smart biz: When a profit becomes a loss: tricks to ensuring financial security when selling your own
Michael J. CrainPresident Smart Business Evolution
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14. Cooling off period poser for Maybank and CIMB
ANALYSTS and observers are unsure how soon CIMB Group Holdings Bhd and Malayan Banking Bhd (Maybank) can think of re-visiting takeover talks with RHB Capital Bhd, following their announcements on Thursday...
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2. Maybank and CIMB no longer pursuing RHB Cap
PETALING JAYA: The grand deal that would have created a regional banking champion has fallen flat even before it could take off. Barely a month after they expressed their interest to take over RHB Capital...
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CIMB, Maybank to drop RHB buy, for a while
KUALA LUMPUR, June 23 — Malayan Banking Bhd (Maybank) and CIMB Holdings Bhd have decided to abandon their separate plans to take over RHB Capital due to the higher price for a block of the bank’s...
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CIMB Research has Buy on Maybank at RM9
KUALA LUMPUR: CIMB Equities Research has a Buy on MALAYAN BANKING BHD [ ] at RM(, at which it is trading at a FY12 price-to-earnings of 14.3 times and price-to-book of 2.2 times.