Malaysian banks eyeing M&A in 2011, says CIMB
The country’s lenders could lead a set of outbound consolidation next year, according to Terence Wong, CIMB Investment Bank’s head of research. Property companies also look set to continue their inorganic growth plans.
Malaysia’s banks could lead the way in a new wave of M&A next year, according to Terence Wong, head of research at CIMB Investment Bank, top Malaysian brokerage according to Asiamoney’s Brokers Poll.
He believes that consolidation activity will also include the property sector and could spill over
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