Let SBB shareholders decide on BCHB offer


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.  

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