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High: 6.180     Low: 6.130     Vol: 8,176,000 Average Vol: 163,134

last updated: 1-Nov-2017 4:56 PM

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CIMB-Sun Life offers retirement savings plan with guaranteed yearly income yesterday

KUALA LUMPUR: CIMB Bank Bhd and its bancassurance partner Sun Life Malaysia Assurance Bhd today launched Sun Income Secure, a regular premium investment-linked insurance and retirement savings plan with a guaranteed yearly income.

CIMB’s divestment reflects strategy to focus on core business 2 days ago

PETALING JAYA: CIMB Group Holdings Bhd’s move to pare down its stakes in its asset management joint ventures is part of the group’s strategy of focusing on its core banking business, said MIDF Research. “We opine that the latest divestment is part o...

CIMB to trim stakes, cede control of asset management JVs 12-Jan-2018 12:00 AM

KUALA LUMPUR: CIMB Group Holdings Bhd is relinquishing control of its asset management joint ventures with Principal Financial Group Inc by divesting part of its stakes for RM470.29 million. CIMB is expected to recognise a gain on disposal of RM950 ...

Takeover offer for Hovid extended to Jan 12 21-Dec-2017 8:00 PM

PETALING JAYA: The takeover offer for Hovid Bhd, which has now become unconditional, has been extended to 5pm on Jan 12, 2018. In a filing with Bursa Malaysia, CIMB Investment Bank Bhd, which represents the joint offerors, namely Hovid’s managing dir...

CIMB gets approval to open retail branch in Philippines 17-Nov-2017 12:00 AM

PETALING JAYA: CIMB Group Holdings Bhd’s subsidiary CIMB Bank Bhd has received approval from the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) to operate a branch in the Philippines.

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