THE proposed merger of Commerce Asset-Holding Bhd's (CAHB) and AMMB Holdings Bhd's commercial and finance arms is expected to cost between RM1.8bil and RM2bil, according to industry sources.
However, if CAHB decides to take on AMMB’s merchant banking, securities and asset management outfits, the deal could cost over RM3bil, they added.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!