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Malaysian company selling its local bank

Malaysian financial services group Hwang-DBS Bhd is selling its eponymous bank in Cambodia for $40 million, the company has announced on the Bursa Malaysia. The sale is to Phillip MFIs Pte Ltd, a member of the Singapore-based PhillipCapital Group. PhillipCapital has an existing presence in ...

Daniel de Carteret
http://www.phnompenhpost.com/business/malaysian-company-selling-its-local-bank

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