Bursa Alert
Global Market
NewsTalks on San Miguel stake purchase still on, says Nazir
Page 1 of 1
Talks on San Miguel stake purchase still on, says Nazir
by Cals Thu 13 Jun 2013, 00:14
| Talks on San Miguel stake purchase still on, says Nazir |
| Business & Markets 2013 |
| Written by Bernama |
| Wednesday, 12 June 2013 18:11 |
| A + / A - / Reset KUALA LUMPUR (June 12):Talks on the purchase of a stake in Phillipines' San Miguel Corp's banking unit are progressing and in the final stage, said CIMB Group chief executive, Datuk Seri Nazir Razak. "We are still in negotiations with San Miguel on the transaction. We are making progress and will make the announcement at the right time," he told a media briefing here today after the signing ceremony between CIMB Fusion and six partners for its human capital development. Nazir was referring to an article in a local daily quoting president of San Miguel, Ramon Ang, as saying a deal was reached on CIMB Group's acquisition of 58 per cent stake in San Miguel's banking unit. He said it may be a misquotation as the deal has not been concluded. On CIMB Fusion programme, Nazir said it would attract a lot of applicants to work in CIMB Group. CIMB Group today signed a partnership agreement with six partners, namely, PricewaterhouseCoopers, Accenture, DraftFCB, Teach for Malaysia, HP and ZICOlaw. The programme offers local graduates a dual-track programme designed to broaden their knowledge and cultivate varied skill sets. Graduates will have the opportunity to gain invaluable working experience in one of the six disciplines, in addition to banking and finance, with CIMB Group within a period of two to four years. -- BERNAMA |
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
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 Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» Talks on BOC stake to concluded by Q1: Nazir
» Nazir : Negotiations between CIMB and San Miguel not scrapped
» CIMB still in talks with San Miguel over BoC deal
» CIMB to close RBS talks by end-April, says Nazir
» Nazir talks about CIMB as a regional bank (1023)
» Nazir : Negotiations between CIMB and San Miguel not scrapped
» CIMB still in talks with San Miguel over BoC deal
» CIMB to close RBS talks by end-April, says Nazir
» Nazir talks about CIMB as a regional bank (1023)
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum