Monday 21 January 2019
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theborneopost - 11 days ago

MIDF, Al Rajhi gets BNM’s nod for merger discussions

KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF) has received the green light from Bank Negara Malaysia (BNM) to proceed with negotiations on a proposed merger with Al Rajhi Banking #38; Investment Corporation (Malaysia) Bhd. MIDF said BNM has issued a letter stating it had no objections for MIDF and its sole shareholder, Permodalan Nasional [ ]

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