Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Bank Negara approves HwangDBS Investment takeover talks

Go down

Bank Negara approves HwangDBS Investment takeover talks Empty Bank Negara approves HwangDBS Investment takeover talks

Post by Cals Tue 16 Apr 2013, 00:54

Bank Negara approves HwangDBS Investment takeover talks
Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com
Monday, 15 April 2013 18:00


A + / A - / Reset
KUALA LUMPUR (April 15): Bank Negara Malaysia (BNM) has given its approval to HWANG-DBS (M) BHD [] to start preliminary talks with AMMB HOLDINGS BHD [] and AFFIN HOLDINGS BHD [] for the proposed sale of the entire stake in HwangDBS Investment Bank Bhd.

In a statement to the exchange today, Hwang-DBS said BNM's approval is valid for six months.

"Further details on the possible disposal will be announced in due course," Hwang-DBS said.
Cals
Cals
Administrator
Administrator

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

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum