Malaysia’s oldest Islamic lender Bank Islam Malaysia Bhd may assume the listing status of its parent company BIMB Holdings Bhd, the Business Times said on Thursday, citing unidentified sources.
BIMB, which owns 51 percent of Bank Islam, is discussing the move that will simplify BIMB’s group structure and potentially improve valuations, one of the sources told the widely read business daily………………………………………..Full Article: Source