KUALA LUMPUR: OSK Investment Research is positive on Bumiputra-Commerce Holdings Bhd’s (BCHB) acquisition of a 42.1% stake in BankThai Company Ltd (BankThai) for a cash consideration of RM577.4mil.
The research house said BCHB had always indicated its aspiration to have a strong universal banking presence in four key regional markets -- they were Malaysia, Singapore, Indonesia and Thailand.
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