It would appear that CIMB Group chief executive officer Datuk Nazir Razak has one last move; unfortunately for him, that move is way beyond his control.
He would like to see his offer for Southern Bank Bhd (SBB) brought to the bank’s shareholders to vote. That decision, however, rests squarely in the hands of the SBB board, at least based on its interpretation of the offer.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!