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BRIEF-CIMB Group's unit signs share purchase agreement with unit of China Galaxy Securities Co
June 6, 2017 / 9:55 AM / 4 months ago

BRIEF-CIMB Group's unit signs share purchase agreement with unit of China Galaxy Securities Co

June 6 (Reuters) - Cimb Group Holdings Bhd

* Unit signed share purchase agreement with China Galaxy International Financial Holdings unit of China Galaxy Securities Co

* Deal with respect to sale of 50% of issued and paid-up share capital of CIMB Securities International Pte. Ltd

* Consideration for proposed disposal amounts to approximately S$167 million

* Proposed disposal is expected to contribute positively to the earnings of CIMB group Source (bit.ly/2qSyKWn) Further company coverage:

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