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Bumiputra Commerce Bank (BCB) (formerly known as Commerce Asset-Holdings Berhad) is the listed vehicle for CIMB Group, Malaysia's second-largest financial services group.
Aug 11, 2009 · According to a Bursa Malaysia filing yesterday, Bumiputra-Commerce said the proposed name change was to better reflect the direct relationship of the holding company with CIMB Group’s operating subsidiaries as the group strengthens its footprint across Southeast Asia via its regional franchise.
Bumiputra Commerce Bank (BCB) ( Jawi: بوميڤوترا-كوممرس هولديڠس برحد ; dahulu dikenali sebagai Commerce Asset-Holdings Berhad) ialah bahagian disenaraikan untuk Kumpulan BCB, kumpulan perkhidmatan kewangan Malaysia kedua terbesar. Ia telah disenaraikan dalam Papan Utama Bursa Malaysia, bursa saham negara ...
The acquisition of the Bumiputra-Commerce Group by CIMB was announced in June 2005, following the strategic decision by CAHB to create a universal bank by combining its consumer and investment banks. As part of the exercise, CIMB was delisted from the KLSE and CAHB was renamed Bumiputra-Commerce Holdings Bhd.
5 days ago · Date of Meeting: 29 Apr 2024. General Meetings: Notice of Meeting. Venue: Virtual at the broadcast venue at Level 31, Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Malaysia. Baca Lagi.
1990s. 1999 - Bank of Commerce (Malaysia) Berhad merges with Bank Bumiputra Malaysia Berhad to form Bumiputra-Commerce Bank Berhad. 1991 - Bank of Commerce merges with United Asian Bank. In a major restructure, the merged banks become Bank of Commerce (Malaysia) Berhad, under holding company Commerce-Asset Holding Berhad (CAHB).
In a major corporate restructure to create a universal bank, CIMB acquires sister company Bumiputra-Commerce Bank from holding company CAHB. CAHB is renamed Bumiputra-Commerce Holdings Bhd. 2006 - CIMB acquires Southern Bank for RM6.7 billion or 2.2 times price to book.
