KUALA LUMPUR: Most analysts are not overly concerned about CIMB Group
Holdings Bhd’s 93.7%-owned subsidiary, CIMB Thai’s dismal fourth quarter earnings.
The bank is able to absorb the negative news stemming from its Thai subsidiary. The counter fell marginally by two sen, or 0.35%, to RM5.65 with 129,100 shares traded. It is currently trading at a PE ratio of 9.51 times. In the past one year, its share price has fallen some 13.2%.
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