Wednesday, January 12, 2011

CIMB Group dismisses Affin Bank takeover, merger talk

KUALA LUMPUR: CIMB Group Holdings Bhd has stated it is not involved in any discussions relating to a possible acquisition or merger with Affin Bank or any of its related companies.

It said on Wednesday, Jan 12 in response to a news article in The New Straits Times entitled "Takeover target? It's news to Affin."

Affin rose five sen to RM3.59. There were 5.49 million shares transacted at prices ranging from RM3.55 to RM3.73.


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