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Maybank to acquire 20% of MAMG from PNB for RM70.39mil

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has proposed to acquire 8.34 million ordinary shares in Maybank Asset Management Group Bhd (MAMG), representing 20 per cent of the total issued share capital of MAMG, from Permodalan Nasional Bhd (PNB) for RM70.39 million in cash.
Kuala Lumpur Permodalan Nasional Bhd Sdn Bhd Maybank Asset Management Group Bhd Malayan Banking Bursa Malaysia

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More Pain Looms for Indonesian Rupiah on Narrowing Yield Spread

(Bloomberg) -- The Indonesian rupiah just had the worst quarter in more than a year, and analysts see more losses ahead. Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government ShutdownAging Trees Show a Crisis Looms for the World’s Everything OilThe currency broke the closely watched 15,400 level...
Zhanghua Xian South Korea New Zealand Nicholas Mapa Bloomberg Businessweek Alan Lau
Source: yahoo.com

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