Maybank sells Papua New Guinea operations for RM418mil


KUALA LUMPUR: Malayan Banking Bhd (Maybank) is selling its operations in Papua New Guinea for RM418mil, as the country’s biggest bank focuses its efforts and resources to expand in markets in Asean and greater China.


Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ben & Jerry’s board chair not resigning as pressure mounts
Rules of corporate reputation still ignored
OpenAI goes from stock� market saviour to burden
European CEOs favour investing in the US
Vietnam foreign investment hits five-year high
ACSR sets sustainability reporting breach approach
G7’s Russian oil tanker ban shows teeth, but bite is in doubt
Annual revenue of RM375mil for Nextgreen new venture
Indonesia signs MoU for national car
Forward-buying interest to support demand

Others Also Read