15.03.2013 - BIMB-Dubai Financial Group talks may have stalled
Talks between BIMB Holdings Bhd and the Dubai Financial Group (DFG) over the latter's 30.5% stake in Bank Islam Malaysia Bhd have stalled, banking sources said. This was because a long-awaited plan by BIMB to transfer its listing status to Bank Islam was nearing fruition, a prospect DFG found more attractive than hiving off its interest to pare down debts, people familiar with the matter told StarBiz. Bank Negara had given BIMB and DFG until March 31 to conclude negotiations on Bank Islam..........................................Full Article: Source
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