CIMB-China Galaxy tie-up synergies


CIMB Group CEO Tengku Datuk Seri Zafrul Aziz Tengku Abdul Aziz

PETALING JAYA: CIMB Group Holdings Bhd’s tie-up with China Galaxy Securities Co Ltd will lead to a further reduction in cost and give it access to the North Asia market.

Elaborating on the joint venture, CIMB Group chief executive officer Tengku Datuk Seri Zafrul Aziz (pic) said the Beijing-based stockbroker was picked over several interested parties because of its scale and technology.

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