Even an amateur knows thata divestment of more than 5% of cimb shares will have shaken the entire outlook on the bank itself. The most obvious reason for MUFG's decision is political risks.

MUFG has all the right expertise to predict and calculate the risks therefore they made that decision to abandon ship.

This time election will have a tsunami effect on KLSE. Better be more careful

Cimb will always experiencing fast rise and fall due to heavy political ties. If u want to buy bank shares, better buy PB and HL Banks.

In the eyes of MUFG, this cimb is not attractive anymore and there are too many risks associated not only to the bank but the entire country. PM's little bro Nazir though is just chairman of cimb but political risk is at play.

In addition to Nazir's current role as the Chairman of CIMB, Nazir has also been appointed as a Director of Khazanah Nasional Berhad [10] a member of the Investment Panel of the Employee Provident Fund (EPF) and the Chairman of the EPF's Investment Panel Risk Committee

Didn't u see how Jibby plunder EPF, Khazanah and use collected taxes to pour RM 100 billions of our country's hard earned money into USA which is the only country indebted into Trillions of dollars and they may have to raised the debts ceilings otherwise their country's finance will collapse? This is broad day light theft!