New shareholder’s arrival may drive revaluation for Alliance Bank
KUALA LUMPUR (Nov 26) The potential inclusion of new shareholders in Alliance Bank Malaysia Bhd (KL:ABMB) may lead to a reassessment of its stock price, according to CIMB Securities. Media reports indicate that DBS has put forth an updated application to Bank Negara Malaysia, seeking to acquire up to 30% of Alliance Bank. CIMB suggests […]