KUALA LUMPUR, Oct 19 Malayan Banking Bhd (Maybank) has proposed to acquire 8.34 million ordinary shares in Maybank Asset Management Group Bhd (MAMG), representing 20 per cent.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has proposed to acquire 8.34 million ordinary shares in Maybank Asset Management Group Bhd (MAMG), representing 20 per cent of the total issued share capital of MAMG, from Permodalan Nasional Bhd (PNB) for RM70.39 million in cash.