Maybank buys broker Kim Eng for $1.4 billion

By Sameera Anand | 7 January 2011
Keywords: maybank | kim eng | yuanta | ronald ooi | brokerage | broker | taiwan | singapore | malaysia | finance | asia

Maybank inks a deal with Ronald Ooi and Yuanta to buy Singapore-based broker Kim Eng for $1.4 billion as it seeks to consolidate its position in brokerage in the Asean countries.

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