CIMB in talks to sell down Seasam stake


KUALA LUMPUR: CIMB Bank Bhd is in talks with a few specialist parties to sell down its stake in its “bad bank” Southeast Asia Special Asset Management Bhd (Seasam) that manages its legacy non-performing loans (NPLs).

The country’s second largest bank by assets said it would consider a cross-listing in Indonesia if rules permitted.

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