KUALA LUMPUR: CIMB Group Holdings Bhd is selling its entire 51% stake in CIMB Howden Insurance Brokers Sdn Bhd (CHIB) for RM59.6mil as it seeks to focus on its core operations.
CIMB, in a filing with Bursa Malaysia yesterday, said it had entered into a share purchase agreement with HBG Asia Holdings Ltd and HBG Malaysia Sdn Bhd for the disposal.
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