UOB Kay Hian Malaysia Research said HLT has a small impact to CIMB’s book value while some provisions may have been made.
KUALA LUMPUR: CIMB Group
Holdings Bhd’s share price fell over 3% in early trade Wednesday on investors’ worries the bank is believed to have exposure to Singapore’s Hin Leong Trading (Pte) Ltd (HLT).
The bank shed 3.6%, or 13 sen to RM3.48 with 2.16 million shares traded.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!
