热门标签

皇冠APP:Hong Leong Bank chairman weighs stake options

时间:3周前   阅读:4   评论:6

欧博官网www.aLLbet8.vip)是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

Quek Leng Chan HLIB

SINGAPORE: Malaysia’s second-richest man Tan Sri Quek Leng Chan (pic) is weighing options for his stake in Hong Leong Bank Bhd, including a merger, two sources with knowledge of the matter said, in a move that could trigger wider consolidation in the sector.

Quek, 80, is also exploring the possibility of reducing his stake in the Malaysian lender, said the sources who declined to be named due to the confidential nature of the matter.

Conglomerate Hong Leong Financial Group Bhd, controlled by Quek, holds a 62% stake in Hong Leong Bank, the country’s fourth-largest lender with a market value of US$10bil (RM44.6bil), according to Refinitiv data.

Hong Leong Bank and Hong Leong Financial did not respond to multiple queries sent by Reuters and there was also no response from Quek to queries sent through the bank.

It was not immediately clear if Quek has shortlisted candidates for a potential merger or has decided how much of the stake he could sell.

A potential merger may herald consolidation in the Malaysian banking sector at a time when a handful of digital banks are preparing to launch their services in the South-East Asian country.

The sources said the move by Quek comes as the bank’s shares have risen sharply this year and he considers succession issues.

,

皇冠APPwww.hg108.vip)是一个开放皇冠即时比分、皇冠官网注册的平台。皇冠APP(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

,

Hong Leong’s shares hit a record in June and have recovered 17% from a five-month low hit in November, outpacing gains in the KL Finance index.

The sources cautioned there was no formal proposal underway for Hong Leong Bank and that Quek has not yet taken any decision on his next move.

Any potential sell-down in Hong Leong Bank by Quek, who was estimated by Forbes magazine this year to have a net worth of US$10bil (RM46bil) – making him Malaysia’s second-richest man after real estate investor Robert Kuok – is expected to be for a minority stake, two of the sources added.

Banks in Malaysia are required to seek approval from the country’s central bank before engaging in formal discussions with parties for potential transactions involving the transfer of a stake.

Some of the country’s mid-to-large banks held merger talks more than five years ago, aimed at consolidating the sector, but difficult negotiations and political considerations stalled the process, bankers familiar with the matter say.

Bankers say potential job losses are among the key stumbling blocks for any mergers in the crowded industry.

In 2014 RHB Bank, the country’s fourth-largest by assets, and smaller rival AMMB Holdings dropped merger plans after failing to agree on terms.

Quek bought Hong Leong Bank, which posted a record net profit in the year to June 2021, via Hong Leong Financial Group in 1994.

上一篇:皇冠平台出租:JCorp picks banks for Kulim listing, say sources

下一篇:新加坡博彩公司总行地址:TNG e-Wallet raises RM750mil from latest equity funding round

网友评论

  • 2022-10-09 00:16:25

    Foreign investors flocked into the country's financial services, technology and utilities sectors over the week amid an improved outlook on the global economy.人物好喜欢!

  • 2022-11-14 00:10:38

    新2平台出租www.hg108.vip)是皇冠(正网)接入菜宝钱包的TRC20-USDT支付系统,为皇冠代理提供专业的网上运营管理系统。系统实现注册、充值、提现、客服等全自动化功能。采用的USDT匿名支付、阅后即焚的IM客服系统,让皇冠代理的运营更轻松更安全。
    大家聊什么呢