Wednesday, January 5, 2011
Maybank to acquire stake in Singapore stock broker
Reuters, 5 Jan 2011Malaysia's Maybank is to acquire a stake in Singaporean stock broker Kim Eng from a Taiwanese investor, a source with direct knowledge of the deal told Reuters on Thursday. Full storyRelated:Maybank Bids $1.4 Billion for Singapore Broker Kim Eng - BloombergMaybank Makes $1.4 Billion Bid for Singapore’s Kim Eng - BusinessWeekMalaysia Maybank may need 500mln rgt to bid for Kim