KUALA LUMPUR: BIMB Holdings Bhd
has received shareholders’ approval for the RM3bil takeover of the balance 49% stake in Bank Islam Malaysia Bhd as well as a fund-raising exercise for the acquisition.
“We have received an overwhelming support from the non-interested shareholders. During the EGM, we presented detailed merits of the acquisition to shareholders. Some 99.99% voted for the acquisition deal while 100% voted for the fund-raising exercise,” BIMB group managing director and CEO Johan Abdullah said after the more than two-hour EGM.
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