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PETALING JAYA: OSK Holdings Bhd has obtained approval from the Cambodian government to incorporate OSK Indochina Bank Ltd (OSKIBL) which will pave the way for its commercial banking operations there.

In a statement to Bursa Malaysia yesterday, OSK said OSKIBL would have an issued and paid-up share capital of US$13mil divided into 13 million US$1 shares.

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