Share swap clouds outlook: but Commerce Asset-Mbf deal has potential

Article Abstract:

A number of Malaysian stock market observers are predicting that investors are not likely to respond positively to the stock swap deal of Bank of Commerce and Mbf Finance, but are quick to add that there are long-term benefits to the cooperation between the two firms. MBf Finance plans to exchange a 37.5% stake in the enlarged share capital to a 20% stake in Bank of Commerce, with the difference being settled in cash. The cooperative agreement between the two firms is likely to capitalize on the strength of Bank of Commerce in commercial banking while capitalizing on MBf Finance's strength in retail banking.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Banking industry, Banks (Finance), Securities, Bank of Commerce (Hamtramck, Michigan), MBF Finance Bhd.

---

Malaysia stocks feel pinch

Article Abstract:

Foreign investors are concerned about the longer-term implication of monetary and fiscal stimulation measures done by the Malaysian government. The government has to allow unprofitable companies go bankrupt, decrease excess capacity and enable more financially sound companies purchase more productive assets. A decline in interest rates will drive an outflow of funds seeking greater returns overseas and impair the local currency.

Administration of General Economic Programs, Foreign Investment Regulations, Economic Planning & Research, Management, Foreign investments, Economic aspects, Economic conditions, Foreign investment laws

---

Similar abstracts:

• Abstracts: Banks face a slowdown, but not a crisis. Asia's savers need alternatives to banking. To prosper, China's banks need competition
• Abstracts: Lloyds Development Capital. BancBoston Captial. Banc Boston Capital
• Abstracts: Being close to the business community. Procuritas Partners. Ernst & Young
• Abstracts: Nothing to fear but fear itself. Small cause. Oh what a lovely millenium bug
• Abstracts: Power stations without long-term offtake contracts. Abu Dhabi seeks project consultant. Malaysia power restructuring attracts three

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.