AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Khazanah sounds out Bank Islam on Muamalat stake.
Byline: Adeline Paul Raj
KHAZANAH Nasional Bhd plans to sell its 30 per cent stake in Bank Muamalat Malaysia Bhd, a move which could pave the way for a merger between the Islamic lender and its bigger rival Bank Islam Malaysia Bhd, sources said.
Bank Muamalat is 70 per cent-owned by conglomerate DRB-HICOM Bhd. Bank Islam is the country's oldest Islamic lender.
Khazanah, the government's investment arm, is on a mission to gradually divest all its non-core holdings and assets.
Managing director Tan Sri Azman Mokhtar, when met by Business Times last week, said Khazanah sees its stake in Bank Muamalat as a "non-core holding" and that it "could be" …
-
- Bank Muamalat, Bank Islam to document Islamic derivative deals.
-
Magazine article from: Business Times (Malaysia)
November 23, 2006
700+ words
-
- BANK ISLAM, BANK MUAMALAT SIGN DERIVATIVE MASTER AGREEMENT.
-
News wire article from: BERNAMA The Malaysian National News Agency
November 22, 2006
700+ words
-
- DRB-HICOM keen on Bank Muamalat-BIMB merger.
-
Magazine article from: Business Times (Malaysia)
May 14, 2011
700+ words
-
- Malaysian BIMB not contacted by Khazanah for stake in Bank Muamalat.
-
News wire article from: Europe Intelligence Wire
April 21, 2011
700+ words
-
- Bank Muamalat seeks foreign partner.
-
Magazine article from: Business Times (Malaysia)
November 27, 2006
700+ words
