Outline ·
[ Standard ] ·
Linear+
Rumour Mongering, Takeover by CIMB over what!?
|
cherroy
|
 Apr 7 2008, 09:43 PM
|
20k VIP Club
|
QUOTE(aurora97 @ Apr 7 2008, 07:11 PM) According to rumours, while I was day dreaming... There was a whisper that CIMB will be taking over Maybank due to recent weaknesses. Information was sketchy cause I was to happy till I forgot to ask why... Can anyone confirm this? Or was it just a dream.... Do you know how much money need to fork out for CIMB to take over Maybank? Merger may be a bit realistic. |
|
|
|
|
|
cherroy
|
Apr 10 2008, 10:02 PM
|
20k VIP Club
|
QUOTE(aurora97 @ Apr 10 2008, 06:22 PM) when two major banks in Malaysia ranking top 1 & 2 in the Bank table, i doubt it one single Bank like PB would be able to compete. It's worth mentioning that I think some article stated that it would be the biggest bank in South East Asia. (lazy to check ref) Look at Sime now, top 5 biggest plantation in the world! Size and earning/profit need to match. One can be the largest but profitability margin wise might not. Biggest doesn't mean they are best or strongest. Look at Sime and IOI or KLK financial result to compare then you will see which one is running the business more efficient. But I have to admit in financial world particular for the like banks and financial instituition, the one has more capital has some advantage over the smaller one. But it doesn't mean the smaller one totally can't compete. In business world, the most important issue is to run the business in the most efficient way to generate profitability. This post has been edited by cherroy: Apr 10 2008, 10:03 PM |
|
|
|
|
|
cherroy
|
May 2 2008, 09:16 PM
|
20k VIP Club
|
QUOTE(aurora97 @ May 2 2008, 06:33 PM) Maybank has been suspended today at around 4pm, does anyone have any intel of what is going on? Don't think its a merger with CIMB though, but possibility of a strategic merger??? But CIMB is not suspended so it won't be anything related with CIMB. |
|
|
|
|
Quote
0.0158sec
0.40
6 queries
GZIP Disabled