Foreign Asset Owners and SWF Retreat from CIMB

Posted on 10/16/2017

Some major institutional investors are selling shares in CIMB Group Holdings, the second largest bank in Malaysia, due to demand from other domestic investors. Malaysia’s Khazanah Nasional is planning a share sale in CIMB Group Holdings hoping to fetch US$ 134 million. The wealth fund is selling some 90.5 million CIMB shares in the indicative […]

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