MBf Hldgs advances on AMMB deal
Publish date: Wed, 11 Jul 2012, 10:08 AM
MBf Holdings Bhd, a credit card, property and auto group, advanced 4 percent to RM1.05 in Kuala Lumpur trading at 9.33am, poised for its highest close since Dec. 6.
The company agreed to sell its credit-card business to AMMB Holdings Bhd for RM623.4 million (US$196 million), according to stock-exchange filings. -- Reuters
The company agreed to sell its credit-card business to AMMB Holdings Bhd for RM623.4 million (US$196 million), according to stock-exchange filings. -- Reuters
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