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BEIJING/LONDON (Reuters) - Formula One is in talks with potential Chinese partners to set up a new local venture, four sources have told Reuters, which would help it push deeper into the huge but still nascent China market.
PETALING JAYA: AMMB Holdings Bhd’s mutual separation scheme (MSS) exercise is expected to be bring about savings of around RM80mil per year from financial year ending March 31, 2019 (FY19) onwards.
WITH predictions of slower economic growth this year, banks, which are often seen as proxies to the economy, will all have to deal with similar issues of lethargic loan growth, rising credit costs and compressed profit margins.
KUALA LUMPUR: AMMB Holdings Bhd and RHB Bank Bhd had on Tuesday scrapped their proposed merger as they were not able to agree on mutually acceptable terms and conditions for the corporate exercise.