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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds) more

Bank Islam Malaysia hoping to win third IPO

Posted on 20 December 2011

Bank Islam Malaysia is working towards its third initial public offering (IPO), in line with the bank’s efforts to increase its non-fund based income.
According to Managing Director Datuk Seri Zukri Samat, Bank Islam Malaysia completed the listing of two companies on Bursa Malaysia earlier this year and is looking to get further mandates to boost its non-fund based income. “We have submitted the application for the third IPO candidate and are waiting for approvals,” he said………………………………………..Full Article: Source

 
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