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BIMB sukuk plan rejected, but it can buy remaining stake in Bank Islam

Published: 03/09/2013 01:25:02 AM GMT
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KUALA LUMPUR: Bank Negara has rejected BIMB Holdings Bhd's proposed move to issue sukuk using Bank Islam Malaysia Bhd's shares as security for the debt, but has allowed the former to acquire the remaining 49% stake in the latter. (more)

KUALA LUMPUR: Bank Negara has rejected BIMB Holdings Bhd's proposed move to issue sukuk using Bank Islam Malaysia Bhd's shares as security for the debt, but has allowed the former to acquire the remaining 49% stake in the latter.

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