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Reading Into BIMB's Bank Islam Buyout

Desmond Chng

05-Aug-13 07:50

Reading Into BIMB's Bank Islam Buyout

Desmond Chng of Maybank Investment Bank discusses BIMB's proposal to acquire the remaining 49% stake in Bank Islam from Dubai Financial Group.

He talks about:

--  the potential impact to financials

--  price comparison with other banking M&As

-- the impact of full warrant dilution

-- the marginally raised target price

--  what investors should do

BFM's Melisa Idris speaks with him. 


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Tags:  bankingbank islambimbmarket watchmorning fix





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