Friday, 5 July 2013

Maybank is in talks with the ING Group to buy a 31% stake in TMB Bank?

Maybank is in talks with the ING Group to buy a 31% stake in TMB Bank, citing the Thai-language newspaper, Kao Hoon, as its souce. Maybank will reportedly conclude the negotitation with ING by end-Aug and ING may target at least THB3 per share for its stake in TMB Bank. (Bloomberg)



Source: CIMB Daybreak - 05 July 2013

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