KUALA LUMPUR: Bumiputra-Commerce Holdings Bhd's subsidiary CIMB Bank is selling its 60% stake in SEA Bank for 339mil Mauritius rupees (RM40mil) to British American Investment Co. (Mtius) Ltd.
"The proposed disposal will result in a gain of approximately RM15.9mil to BCHB Group," it said in a statement to Bursa Malaysia Tuesday.
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!