Article Related To Malaysia Building Society

This is because the merger, according to Moody's, would enable MBSB to gain access to cheaper source of funds and enables them to broaden their revenue stream.

The AFB merger is the third attempt that MBSB is making in less than three years.

Potential M&A candidates include the Malaysia Building Society Bhd (MBSB), and Bank Muamalat Malaysia Bhd (Muamalat), it said in a statement today.

Malaysia Building Society Bhd (MBSB)will begin merger talks with Asian Finance Bank Bhd (AFB) in its third attempt in about two years to convert into a full-fledged Islamic lender.

The merger negotiations between Bank Muamalat and Malaysia Building Society Bhd (MBSB) is going on very well and smoothly, says Bank Muamalat Chairman Tan Sri Dr Munir Majid.

Negotiations on the merger between Bank Muamalat and Malaysia Building Society Bhd (MBSB) are still ongoing, said Khazanah Nasional Bhd Managing Director, Tan Sri Azman Mokhtar.

MBSB's pre-tax profit for the second quarter ended June 30, 2015 declined to RM129.27 million from RM310.89 million in the same quarter of last year.

CIMB Group Holdings Bhd, Malaysia Building Society Bhd and RHB Capital Bhd clarifies that they are still in discussions with respect to the proposed mega merger.

The mega bank merger of CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB) will likely start in the first quarter of 2015.

In a filing to Bursa, MBSB and CIMB Group said Bursa Malaysia has approved the companies' request for suspension.

The proposed merger plan includes the creation of a mega Islamic bank.

A heavy snow warning was issued in the northeastern districts of Seoul, including Nowon, Seongbuk and Dobong.

Donald Trump is threatening Beijing with far higher tariffs than the 7.5%-25% levied on Chinese goods during his first term.

Malaysia is committed to resolving disputes in the South China Sea constructively through diplomatic channels and appropriate forums.

Alexander Stuglev says Russia could offer Malaysia cutting-edge solutions in cybersecurity, software development and telecommunications.

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At least six people, including four paramilitary soldiers, were killed before the Tuesday night raid was launched.

Australian parliament's lower house passes the bill, even as Google and Meta press the government to delay the legislation

Months of US-backed Arab mediation have yet to secure a ceasefire between Israel and Hamas to end the war in Gaza.