MIMB in advanced talks to buy second brokerage


MALAYSIAN International Merchant Bankers Bhd (MIMB), a wholly-owned subsidiary of EON Capital Bhd, has completed its acquisition of stockbroking company Leong & Co Sdn Bhd and is proceeding with negotiations to buy another brokerage. 

“The acquisition of a second stockbroking company is being negotiated and talks are at an advanced stage,'' said Gopala Krishnan, EON Bank's deputy chief executive officer, treasury and investment banking division. 

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