The proposed merger of CIMB, RHB Capital and Malaysia Building Society (MBSB) will transform the economics of the country’s banking and capital-markets business in the coming years and shake up south-east Asian banking in general.
Malaysia’s CIMB Group Holdings Bhd.
plans to acquire RHB Capital Bhd. and Malaysia Building Society
Bhd. to create the country’s biggest banking group by assets,
according to people familiar with the matter.
AMMB Holdings Bhd's shares rose five sen in the morning session today, following the company's favourable third quarter
As at 10.38am, the share price stood at RM7.36, after opening at RM7.29, with 400,000 shares...
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