KUALA LUMPUR: Shares of BIMB Holdings Bhd
were up 2.8% in early trade Thursday after the company announced a group restructuring exercise that includes the transfer of its listing status to subsidiary, Bank Islam Malaysia Bhd.
The banking group rose 2.8%, or 12 sen to RM4.40. It is currently trading at a PE ratio of 10.65 times. In the past one year, the counter has appreciated 26.66%.
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