KUALA LUMPUR: Bumiputra-Commerce Holdings Bhd (BCHB), the listed entity of the CIMB Group
, has emerged as the largest shareholder with a 19.99% stake in the Bank of Yingkou Co Ltd, a bank based in China’s Yingkou city.
BCHB acquired the stake via a subscription of 141.2 million shares worth RM156.2mil. The bank’s other substantial shareholders include Liaoning Jinding Magnesium Mine Group, with 14.86% interest, Yingkou Qunqi Refractories Ltd (14.15%) and Finance Liaoning (Yingkou) Onshore Industry Base (7.08%).
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