Stock Name: MAYBANK
Company Name: MALAYAN BANKING BHD
Company Name: MALAYAN BANKING BHD
| Research House: ECMLIBRA | Price Call: HOLD | Target Price: 8.25 |
Maybank Islamic Berhad (MIB), a unit of Maybank (MAY MK, Hold, TP: RM8.25), is pursuing an aggressive stance to further strengthen its presence in Indonesia and Singapore. CEO Muzzafar Hisham said after giving priority to its domestic operations in the last few years, MIB would be focusing more on growing its regional business this year. "We want to deep dive into key markets especially Indonesia and Singapore", he said. (Business Times)
Source: ECM Newz Bits 14 March 2012
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