Wednesday, November 10, 2010

Maybank says on lookout for opportunities to be regional financial services leader

KUALA LUMPUR: MALAYAN BANKING BHD [] says it is continuously seeking and assessing various propositions and opportunities that would help achieve its vision to be a regional financial services leader.

It said on Wednesday, Nov 10 that the objective of such opportunities was to help create shareholder value.

'If and when a suitable and definite opportunity materialises, the Maybank group shall make the relevant announcements of any material information at the appropriate time,' it said.

Maybank was commenting on a report in The Edge FinancialDaily that the bank was interested to acquire OSK HOLDINGS BHD [] in a move to beef up Maybank's investment banking arm.


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