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PETALING JAYA: CIMB Group Holdings Bhd and China Galaxy Securities Co Ltd (CGS) have completed the sale and purchase of 50% interest in CIMB Securities International Pte Ltd.
KUALA LUMPUR: CIMB Group Holdings Bhd has reaffirmed its commitment to corporate social responsibility (CSR) by announcing that 1% of its pre-tax profit would be channelled to CIMB Foundation for CSR initiatives across Asean for 2018-2020.
PETALING JAYA: CIMB Bank Bhd plans to launch a two-way messaging application between customers and the bank, called “CIMB EVA” or Enhanced Virtual Assistant, by next month.
PETALING JAYA: CIMB Group and UK-based Aviva Plc are expected to finalise the buyers of their 51% and 49% stakes respectively in joint venture CIMB Aviva Assurance Bhd this week, according to a source with knowledge of the deal.
PETALING JAYA: Mitsubishi UFJ Financial Group (MUFG), a long-time shareholder in CIMB Group Holdings Bhd, is divesting its interest in the second-largest financial institution in Malaysia. News of MUFG’s proposed exit could have been the main trigger for CIMB’s shares falling 23 sen yesterday, wiping out RM2.08bil in the counter’s market capitalisation.