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Shares of CIMB, RHBCap, MBSB to be suspended tomorrow

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Shares of CIMB, RHBCap, MBSB to be suspended tomorrow

Post by Cals Wed 08 Oct 2014, 23:02

Shares of CIMB, RHBCap, MBSB to be suspended tomorrow

Business & Markets 2014

Written by Chester Tay of theedgemalaysia.com

Wednesday, 08 October 2014 21:03

KUALA LUMPUR (Oct 8): Trading in shares of CIMB Group Holdings Bhd, RHB Capital Bhd (RHBCap) and Malaysia Building Society Bhd (MBSB) will be suspended tomorrow, pending the release of a material announcement.

The three financial institutions had entered into proposed merger talks three months ago, which is exclusive for 90 days.

Shares of CIMB closed unchanged at RM6.98 today, while MBSB's share price was down 2.07% to RM2.37. RHBCap shares ended the day 0.35% higher at RM8.70.

Cals: Administrator; Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : â€œMy plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

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