CIMB Group Holdings Bhd, which received shareholders' nod to buy up to a 19.67% stake in Indonesia's PT Bank CIMB Niaga TBK, will step up to expand its services in Indonesia.
The group planned to improve various segments of its business in Indonesia. Initiatives include expanding its microfinance, autofinance, credit card, priority banking, investment banking and corporate banking businesses under CIMB Niaga.
They are in the process of negotiation with the relevant authorities on how to get listed in Jakarta.
At the EGM, its shareholders approved the group's proposal to acquire up to a 19.67% stake in PT Bank CIMB Niaga TBK from Khazanah Nasional Bhd for RM 1.94 billion.
The approved transaction would increase the group's ownership of CIMB Niaga from 78% to potentially 98%, while removing Khazanah's direct stake in the Indonesian subsidiary.
This deal gives CIMB more exposure to Indonesia, which is arguably the most attractive banking market in ASEAN.
The group expected an IPO launch in Bangkok by the end of 2010.
不是災难、只是变了不一样了!
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如果美元对某一个国家货币升值30%,且这个国家出口至美需付30%关税,这是不是可以低消美国消费者价格上涨的忧虑呢?这是对的算法,如果一个国家執意要出口至美国也愿意令国家货币贬值以应对美国高关税额,它可以持续出口至美国,前提条件是制造成本不漲价。
在经济理论中有“特里芬兩难”(Triffin
dilemma)來...
12 hours ago
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