Temporary setback in CIMB-RHB Cap-MBSB merger, says Maybank Research


KUALA LUMPUR: Maybank Investment Bank Research views as a “temporary setback” after  Bursa Malaysia Securities disallowed the Employees Provident Fund (EPF) to vote in the merger among CIMB Group, Malaysia Building Society Bhd (MBSB) and RHB Capital.

The research house said on Thursday this was an outcome that would have been anticipated, for which there could be contingent plans in place.

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