CIMB Research: Unlikely 10% cap on individual stakes in banks to be enforced


KUALA LUMPUR: CIMB Equities Research does not see a high probability of enforcement of the 10% cap on individual shareholdings in banks due to the banks' sound governance.

It said on Monday it did not concur with the Focus Malaysia weekly that some individuals may have to sell down their stakes in banks due to possible enforcement of a 10% cap on individual shareholdings.

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