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CIMB Group Holdings Berhad (CIMDF)

Other OTC - Other OTC Delayed Price. Currency in USD
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1.10000.0000 (0.00%)
At close: 2:23PM EDT
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  • Reuters SG

    MOVES-Citi taps CIMB banker for new TMT role as M&A booms in Southeast Asia

    Citigroup has hired Varun Matta, a banker from CIMB Group, for a newly created role covering technology, media and telecoms investment banking in Southeast Asia as regional dealmaking hits a record. "Asean is home to some of the fastest growing TMT companies globally and we are further intensifying our focus on this sector with this key hire to support our client-led growth across South East Asia," Jan Metzger, Citi's head of Asia Pacific banking, capital markets and advisory, said in an email.

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  • Reuters SG

    Ant's Malaysian e-wallet venture with CIMB in talks to raise $150 mln -sources

    A Malaysian e-wallet operator owned by CIMB Group and China's Ant Group is in advanced talks with investors to raise at least $150 million to fund expansion plans, four sources familiar with the matter said. The coronavirus pandemic has propelled demand for digital payment services around the world, but Malaysia's market is particularly competitive with nearly 50 players. The venture, TNG Digital Sdn Bhd, says its Touch 'n Go e-wallet is the country's biggest with more than 15 million registered users.