Will CIMB raise cash or do a share swap?


THE mega banking merger in the works is increasingly speculated to be one that is going to get done.

In other words, there is a high chance that CIMB Bank Bhd (pic) will merge with RHB Bank Bhd and Malaysia Building Society Bhd (MBSB) to create the largest banking group in the country.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , cimb , rhb , merger

   

Next In Business News

Trading ideas: Maybank, Capital A, Sapura Energy, Paragon, Atlan, Fajarbaru, Tiong Nam, T7, Carimin, Jati Tinggi, MCE, Heineken
Oil ends lower after Opec cuts demand view
Mida identifies 12 Egyptian companies interested in investing in Malaysia - Tengku Zafrul
Kelington posts RM33mil profit in 3Q24
Singapore project to lift Sunway’s 3Q24 earnings
Japan PM pledges fresh US$65bil aid for chips, AI
Maybank weighing options for insurer Etiqa
Guocoland braces for challenges
Uptrend in performance for construction players
Greater clarity on TNB’s floating solar project, hydropower station rehab

Others Also Read