10.06.2011 - Bank Muamalat still in merger mood
Bank Muamalat Malaysia Bhd is still keen to merge with a rival to build a mega Islamic bank, despite its failed attempt at courting Bank Islam Malaysia Bhd. Its chief executive officer Datuk Mohd Redza Shah Abdul Wahid said the bank's pursuit of Bank Islam was driven by its largest shareholders' need to pare its stake in the bank and the desire by both its shareholders to create a bigger entity that is more relevant in the market...............................................Full Article: Source
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