CIMB Bank selling rights in APH


PETALING JAYA: CIMB Bank Bhd is selling its rights in the Asia Petroleum Hub (APH) to a consortium led by the Dubai government’s Emirates National Oil Co (ENOC) and some Malaysian parties.

In a statement to Bursa Malaysia yesterday, CIMB Group said its subsidiary, CIMB Bank, had signed a heads of agreement with the group.

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