UOB Kay Hian Malaysia Research said HLT has a small impact to CIMB’s book value while some provisions may have been made.
KUALA LUMPUR: CIMB Group
Holdings Bhd’s share price fell over 3% in early trade Wednesday on investors’ worries the bank is believed to have exposure to Singapore’s Hin Leong Trading (Pte) Ltd (HLT).
The bank shed 3.6%, or 13 sen to RM3.48 with 2.16 million shares traded.
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