BIMB to deliberate on Bank Islam stake by end-May

KUALA LUMPUR: The board of BIMB Holdings Bhd is set to deliberate onDubai Financial Group LLC's (DFG) sale of a 30% stake in Bank Islam Malaysia Bhd.

BIMB's group managing director and CEO Johan Abdullah said on Wednesday: "The other party has offered and we have counter offered, but there is no official agreement yet. The board is going to discuss (this) by the end of the month."