Sat, Oct 25, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Market Moves more

Hong Leong Islamic gets order to transfer EONCAP Islamic biz

Posted on 25 October 2011

Hong Leong Islamic Bank Bhd has been granted by the High Court a Vesting Order transferring the entire business including all assets and liabilities of EONCAP Islamic Bank Bhd to the former with effect from Nov 1, 2011.

Following the vesting, EONCAP Islamic Bank Bhd will become a dormant company. “With the granting of the Vesting Order by the High Court, we are now one step closer towards celebrating Malaysia’s first vesting of an Islamic Bank,” said Hong Leong Bank group managing director Yvonne Chia in a statement here Monday………………………………………Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031