Malaysia: CIMB sell its stake in China's Bank of Yingkou for $216.7m

Malaysia: CIMB sell its stake in China's Bank of Yingkou for $216.7m

Effendy Shahul Hamid, CEO, Group Asset Management & Investments, CIMB Group (right) and Gao Tianguo, Chairman, Shanghai Guozhijie Investment Development Co., Ltd

Malaysia’s CIMB Group Holdings Bhd will sell its 18.21 per cent stake in China’s Bank of Yingkou Co Ltd to investment holding firm Shanghai Guozhijie Investment Development Co Ltd for$216.75 million.

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