A CHINESE financial institution is eyeing a stake in AMMB Holdings Bhd, whose major shareholders are said to be open to divesting their stakes.
However, talks on the matter may be preliminary, as banking mergers and acquisitions (M&As) need the support of the central bank.
AMMB’s single-largest shareholder is Australia and New Zealand Banking Group Ltd (ANZ) with 24%, while Tan Sri Azman Hashim, who is chairman and founder of the bank, has an indirect 16.8% stake.
For Free Signals, click here KLSE online OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
However, talks on the matter may be preliminary, as banking mergers and acquisitions (M&As) need the support of the central bank.
AMMB’s single-largest shareholder is Australia and New Zealand Banking Group Ltd (ANZ) with 24%, while Tan Sri Azman Hashim, who is chairman and founder of the bank, has an indirect 16.8% stake.
For Free Signals, click here KLSE online OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment