Bursa Malaysia Stock Watch

Maybank Q2 net rises to RM1.13b

kltrader
Publish date: Mon, 21 Feb 2011, 04:03 PM
kltrader
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Malayan Banking Bhd, Malaysia's biggest bank, said fiscal second-quarter profit rose to RM1.13 billion from RM993.5 million a year earlier.

Revenue climbed to RM5.19 billion from RM4.67 billion, it said in a statement today.

Meanwhile, Maybank may sell Singapore dollar bonds to raise at least half of the S$1.79 billion needed for its acquisition of Kim Eng Holdings Ltd, Chief Executive Officer Datuk Abdul Wahid Omar told reporters in Kuala Lumpur today. - Bloomberg
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